The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

PG&E Corporation (NYSE:PCG) was among Jim Cramer’s latest stock calls, as he suggested investors balance portfolios with hot and cold stocks. Discussing the company’s recently reported quarterly results, Cramer said:

It is a great time to be an electric utility, thanks to the surging power demand from all these new data centers. But some of the utilities are not getting the respect… Some of these great growth utilities are around the country. We got to figure this thing out. Take PG&E, which is based in Northern and Central California. This morning, the company reported a sizable top and bottom line beat while reaffirming its full-year forecast and also reiterating its long-term earnings growth targets, 9% annual growth from 2027 to 2030. At the same time, they’ve been laying down lots of infrastructure to keep residential electric rates under control… I think PG&E is a great growth story, but the stock market doesn’t seem to agree with me, as the stock actually got dinged today on these numbers.

Photo by Joshua Mayo on Unsplash

PG&E Corporation (NYSE:PCG) provides electricity and natural gas, generating power from nuclear, hydroelectric, fossil-fuel, fuel-cell, and solar sources. Moreover, the company owns and operates extensive transmission and distribution infrastructure for both electricity and natural gas.

While we acknowledge the potential of PCG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.