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PG&E Corp $PCG Signals Strong Buy And Major Upside To $55

• inthemoneystocks

  13 Feb 18, 02:26

  Beaten down utility PG&E Corporation (NYSE:PCG) has just signaled a major buy. Friday, the stock hit a 7 year low and reversed, forming a bullish bottoming tail on the daily chart. This is a strong buy signal on a utility that is fast recovering from the California wildfires. The stock has fallen in the last 8 months from over $70 and is ripe for investors looking for a recovery story that has major upside. I think it is very possible to see $55 on this in 2018.
  
  
  
  
  
  Gareth Soloway
  InTheMoneyStocks