A 20% Potential Upside and Robust Dividend Yield Await Investors
Edison International (NYSE: EIX) stands out as a formidable player in the utilities sector, particularly within the regulated electric industry. With a market capitalization of $22.26 billion, this California-based company is a vital electricity provider across a vast 50,000 square-mile area in Southern California, servicing diverse sectors such as residential, commercial, and industrial. Founded in 1886, Edison International has established itself as a backbone in the energy infrastructure of the region.
Currently trading at $57.82, Edison International’s stock has experienced a modest price change of 0.04%. The stock’s 52-week range has been between $50.06 and $88.36, suggesting a significant degree of volatility, which…