THESE ARE THE 50 TOP STOCK PICKS THAT BILLIONAIRES LOVE
PG&E – Market Value: $25.0 Billion
Utility stocks are often low-risk stocks that make you not worry so much while you sleep. However, PG&E stock, despite its market value of $25 billion, is riskier due to past legal entanglements and bankruptcy. This, therefore, did not deter Silver Point Capital, which has raised its investments by 3%, making PCG one of its major portfolio players at 46.3%.
The Connecticut-based company has been consistently investing in PCG since 2018, and with improved price performance, the yield of 37% in the last three months reveals the company’s long-term game plan.
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