15 Best Large-Cap Value Stocks to Buy in 2025

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2. PG&E Corporation (NYSE:PCG)

Analyst Upside as of January 20, 2025: 47%

Number of Hedge Fund Holders: 49

PG&E Corporation (NYSE:PCG) is a gas company that engages in the generation, transmission, and distribution of electricity and natural gas to customers. The company was founded in 1995 and now provides natural gas and electric service to nearly 16 million people in northern and central California.

On January 13, James Thalacker, an analyst at BMO, initiated the stock with an Outperform rating and a $21 price target. The analyst initiated the rating for a number of reasons, but primarily due to PCG’s robust growth and solid fundamentals. Thalacker believes that PG&E Corporation (NYSE:PCG) is a key player in the utility sector and is positioned to have a promising growth trajectory. According to the company’s financials, PCG expects its EPS to grow by nearly 9.2% over the next five years. In addition to that, he is also very happy with the company’s valuation and emphasizes the affordability factor of crucial importance to the company’s success.

Overall, in the third quarter of 2024, PG&E Corporation (NYSE:PCG) raised its 2024 EPS GAAP guidance to range between $1.09 and $1.14 per share. In addition to that, the company has added $1 billion to its 2024-28 capital plan due to growing customer demand, reaffirming its solid position in the industry.

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