PG&E Corporation (PCG): A Bull Case Theory

We came across a bullish thesis on PG&E Corporation (PCG) on Value Investing Subreddit Page by Badger_Outside. In this article, we will summarize the bulls’ thesis on PCG. PG&E Corporation (PCG)'s share was trading at $16.29 as of Jan 27^th. PCG’s trailing and forward P/E were 12.92 and 11.12 respectively according to Yahoo Finance.

[caption id="attachment_1217793" align="aligncenter" width="768"] A utility employee connecting wires at a power station in order to distribute electricity to customers.[/caption]

The recent California wildfires caused a temporary decline in several...