Top 5 Energy Sector Stocks for 2021

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1. PG&E Corporation (NYSE:PCG)

PG&E is one of the major utility companies in the U.S. with a growing exposure to renewable energy including solar and wind. The company offers several green energy programs to its customers across the country. Recently, Bank of America’s Julien Dumoulin Smith reiterated a Buy rating for the stock with a $14 price target. The analyst is bullish on the company’s new wildfire mitigation plan .

As of the end of the fourth quarter, 66 hedge funds tracked by Insider Monkey reported owning stakes in PG&E. One of the biggest stakeholders of the company is Dan Loeb’s Third Point which owns over 84 million shares of the company.

You can also take a peek at 10 Biggest Companies Competing With Netflix and 15 Fastest Growing Franchises.

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