Jim Cramer - Mad MoneyEdison InternationalEIXDON'T BUYAug 31, 2026

One of the S&P's worst performers in August. California is protecting the state from wildfire liabilities by handing those to the utilities. This makes the stock uninvestible.

Jim Cramer - Mad Money

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$53.98

Stock price when the opinion was issued

$58.80

As of Sep 01, 2026. Market Open.

Utilities

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COMMENT

The biggest loser on the S&P in January

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

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.

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