5 Best Utility Stocks to Buy Now

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1. PG&E Corporation (NYSE: PCG)

With a market cap of about $24.2 billion, PG&E Corporation tops the list of 12 best utility stocks to buy now. The company runs the Pacific Gas and Electric Company, which provides natural gas and electricity to almost 5.2 million households in Northern California. The company is overseen by the California Public Utilities Commission. In the third quarter, PG&E posted a revenue of $4.88 billion, which shows over 10% growth when compared to the same period last year.

A total of 76 hedge funds tracked by Insider Monkey held stakes in Pacific Gas as of the end of the third quarter. The net worth of these shares is $6.7 billion.

Please also see Top 15 Dividend Stocks With Upside Potential and 15 Largest Utility Companies In The World.

Disclosure: No positions.

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