Utility stocks are typically known for their predictability, not for explosive growth. It is especially noteworthy, then, when market indicators begin flashing for one of the utility sector’s most-watched companies. For Pacific Gas & Electric (NYSE: PCG), a dramatic, recent spike in bullish activity suggests some professional investors believe the company is at a major inflection point.
This unusual interest warrants a deeper look into the fundamental drivers that could be fueling a powerful turnaround, one that links the future of California's power grid to the global boom in artificial intelligence (AI).
