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PG&E Corporation Stock: Facing Greater Dangers
Summary
- PG&E stock should be avoided because of weak financials and increasing competitive threats.
- Numerous headwinds such as macroeconomic and demographic risks will negatively impact the company’s performance.
- My estimates show only a 4% price appreciation from current levels over a 5-year time horizon.
- Competitive analysis demonstrates that there are better utility stocks out there for those looking for a good yield.
Aspiring investment analyst tracking small and large-cap stocks. I provide an extra avenue of value insight to readers through my coherent article content.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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