Reported 24 days ago
Bank of America analyst Ross Fowler suggests investors should reconsider California utility stocks due to improved financial protections following recent wildfires. Highlighting two promising companies, PG&E, which has seen significant revenue growth and is recovering from past liabilities, and Sempra Energy, which is expanding its operations responsibly, both are positioned to benefit from California's evolving energy landscape. Fowler gives both companies a Buy rating, indicating their potential for positive returns.
Source: YAHOO