Edison International
EIX (NYSE)
Edison International stands out as an undervalued utility, boasting a robust dividend yield of 5.75% and an Overweight rating from analysts. With an average 12-month price target of $63.80, there's potential for appreciation alongside a steady 9.88% return over the past five years, making it an attractive opportunity for income-focused investors.
Pros:
- Strong dividend yield
- Consistent dividend growth history
Cons:
- Market volatility risk
- Regulatory risks in the utility sector
Edison International (EIX) presents a compelling option for income-focused investors seeking stable returns through its strong dividend yield and historical performance. With a solid track record and favorable analyst ratings, this investment may be suitable for those looking to enhance their portfolio with utility stocks while benefiting from potential price appreciation.
