Jim Cramer Recently Talked About These 11 S&P 500 Stocks

8. PG&E Corporation (NYSE:PCG)

Number of Hedge Fund Holders: 49

Cramer noted that PG&E Corporation’s (NYSE:PCG) stock decline in January was only due to “guilt by association” and suggested buying the stock.

“But the second biggest decliner is very intriguing. It’s PG&E that’s down 22.4% last month. Now that seems to be just guilt by association. Patti Poppe told us that, she’s the CEO. It doesn’t even operate in Southern California. I think it’s worth buying after last month’s weakness. Yes, it’s dirt cheap. Buy it.”

PG&E (NYSE:PCG) provides electricity and natural gas, generating power from nuclear, hydroelectric, fossil fuel, fuel cell, and solar sources. It also owns and operates extensive transmission and distribution infrastructure for both electricity and natural gas. Cramer has been bullish on the company before as, in September 2024, he said, “That stock is a good one, rate increase or no. Buy PG&E.” However, since then, the stock has seen a decline of over 22%.