Volatility has come about from macro events, but focusing on firm-specific happenings can potentially give investors an edge
Last week, we took a broad view of the domestic economy through the lens of two consumer companies. This time, let’s zoom in on a pair of firms that have weathered idiosyncratic volatility. PG&E Corp have each found themselves dealing with litigation concerns in the last few years.
*Wall Street Horizon DateBreaks Factor: statistical measurement of how an earnings date compares to the reporting company's 5-year trend for the same quarter. Negative means the earnings date is confirmed to be later than historical average while Positive is earlier.Well, its performance thus far on the year doesn’t exactly light up any technical screens. Through April 18, shares are down 9% in total return compared to a 2% positive performance for the Utilities sector.
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