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Why a Value Fund Is Betting Big on PG&E Stock and Other Contrarian Picks

Por: MarketWatch Business December 07, 2022

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Take the team’s June 2021 purchase of shares of California-based utility (PCG), now a No. 3 holding and sizable contributor to the fund’s relative outperformance this year. In mid-2020, the utility emerged from —stemming from a series of deadly California wildfires—and pleaded guilty to involuntary manslaughter and unlawfully starting the 2018 Camp Fire. Its stock was ejected from the in 2019. “For most people, this is a no-fly... + full article



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