California Utilities EIX, PCG, And SRE Offer Strong Buy Opportunities Despite Past Wildfire Concerns, Says BofA Analyst

By Yahoo! Finance | Sep 12, 2024 at 03:16 PM EST

California utilities EIX, PCG, and SRE are trading at discounts due to past wildfire worries. BofA analyst sees a favorable entry point for investors due to strong mechanisms managing wildfire risks in the state. Positive outlook on recovery and growth potential in the electric utility sector.

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