Jim Cramer on Public Service Enterprise Group: "I Don't Want You to Buy Any"

Public Service Enterprise Group Incorporated (NYSE:PEG) is one of the stocks Jim Cramer discussed. A caller asked if the stock is a buy and noted that it is down from its 52-week high. Here’s what Cramer had to say in response:

No, actually, I was talking to my friend and writing pal, Matt Horween. I’m not as big an enthusiast of the bond market right here, and that’s going to be what determines Public Service Enterprise. I don’t want you to buy any.

Public Service Enterprise Group Incorporated (NYSE:PEG) is a utility provider focusing on the distribution of electricity and natural gas. The company also manages nuclear power generation facilities and invests in solar energy projects. On February 26, it reported Q4 2025 results, posting non-GAAP EPS of $0.72, which exceeded forecasts by $0.01. Its revenue of $2.92 billion was up over 18% year-over-year and beat estimates by $50 million.

For the full-year 2026, Public Service Enterprise Group Incorporated (NYSE:PEG) guided its EPS toward the range of $4.28 to $4.40 per share, compared to $4.22 in FY 2025. In addition, the company announced a capital spending plan for 2026 through 2030, ranging from $24 billion to $28 billion, and expects a Rate Base compound annual growth rate of 6% to 7.5% from its $36 billion balance at the end of 2025. It also updated its long-term outlook for non-GAAP operating earnings growth to 6% to 8% through 2030.

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