
Wildfires and Utility Stocks. Plus, Merrill’s Investment Chief.
Barron's Streetwise
Intro
This chapter explores the effects of wildfires on utility stocks, specifically analyzing Pacific Gas and Electric's challenges amidst the California Wildfire Fund. It also delves into rising electricity costs in Southern California and provides a personal perspective on energy expenses, contrasting PG&E's stock decline with the overall performance of the utilities sector.
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