Is PG&E Corporation (PCG) Among the Best Nuclear Energy Stocks According to Wall Street?

PG&E Corporation (NYSE:PCG) is included among the 13 Best Nuclear Power Stocks to Buy According to Analysts.

PG&E Corporation (NYSE:PCG) provides natural gas and electric service to residential and business customers in northern and central California.

PG&E Corporation (NYSE:PCG)’s Diablo Canyon Power Plant is the only operational nuclear power plant in California and provides around 10% of the state’s electricity and nearly 20% of its clean, carbon-free energy. The company recently revealed that it has requested the US Nuclear Regulatory Commission to renew its Diablo Canyon license to allow the plant to operate through 2045, and reported that Unit 2 of the power plant has officially entered extended operations.

PG&E Corporation (NYSE:PCG) also made headlines earlier this year when it launched an on-site generative AI program at Diablo Canyon, marking the first time such technology has been commercially deployed at a nuclear facility in the US.

PG&E Corporation (NYSE:PCG) recently announced a sweeping $73 billion capital investment plan through 2030, marking a $10 billion increase over its previous five-year framework. The move comes as the utility prepares to strengthen its grid to meet the rapidly growing demand from the data center-led surge in electricity usage.

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.

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Disclosure: None.