Live On CNBC, Jim Lebenthal's Contrarian Idea: Utilities, Mentions Pacific Gas & Electric Co.
Portfolio Pulse from Benzinga Newsdesk
On CNBC, Jim Lebenthal discussed his contrarian investment idea, suggesting that utilities could be a good investment. He specifically mentioned Pacific Gas & Electric Co. (PCG) as part of this sector discussion.
January 04, 2024 | 5:50 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Jim Lebenthal's mention of Pacific Gas & Electric Co. (PCG) as a contrarian investment idea on CNBC may draw investor attention to the utility sector and specifically to PCG.
Jim Lebenthal's comments on CNBC can influence investor sentiment, potentially leading to increased interest in PCG. As a respected analyst, his views can sway market participants to consider utilities, and specifically PCG, as a viable investment, possibly driving up the stock price in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80