Opinions
Sarat Sethi, Managing Partner, Douglas C. Lane & Assoc.
Edison International
EIX-N
BUY
Aug 05, 2022
He just bought this utility as a defensive play. Trades at 15x earnings while utilities is at 21x. EIX is growing earnings 7-9% and pays a 4% dividend yield. Steady earnings and they can grow at double digits.
N/A
Stock price when the opinion was issued
Utilities
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