5 Best Electrical Infrastructure Stocks to Buy Now

2. PG&E Corporation (NYSE:PCG)

Number of Hedge Fund Holders: 58

PG&E Corporation (NYSE:PCG), operating via its subsidiary Pacific Gas and Electric Company, focuses on distributing electricity and natural gas to customers in California. Employing various energy sources including nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic, the company ensures reliable electricity generation.

In Insider Monkey’s fourth quarter database, PG&E Corporation (NYSE:PCG) attracted investments from 58 hedge funds, up from 49 funds in the previous quarter. Notably, Dan Loeb’s Third Point emerged as the largest stakeholder with holdings of 57.8 million shares valued at over $1 billion.