Stockchase Opinions

Jim Cramer - Mad Money Edison International EIX-N COMMENT Feb 03, 2025

The biggest loser on the S&P in January

The wildfires in LA hit them. Down 32% last month.

$52.440

Stock price when the opinion was issued

Utilities
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

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BUY
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.