Edison International (EIX) maintains a positive and strong momentum as a top stock for long-term investment. The company's stock has been performing well lately, even increasing in value. The price target of the stock has also been elevated, holding remarkable growth outlook.
Bank of America has taken up coverage on the company, buttressing its credibility. Coupled with both
Duke Energy and
Portland General Electric, EIX forms a trio of passive income winners.
Southern California Edison, a subsidiary of EIX, teams up with
Ford to reward electric vehicle customers, indicating EIX's increasing influence in the green energy sector. The company has consistently showcased excellent Q2 and Q3 results, providing reassurance for investors. There is a call for investigation into EIXβs reasonable stock price, leading to an increased purchase of shares by companies such as Forsta AP Fonden. Despite wildfire concerns, EIX together with California Utilities EIX and PCG offer strong buy opportunities predicted by BofA analyst. However, the company has seen some decrease in stock holdings and stock underperformance against competitors on certain days.
Edison International EIX News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sat, 14 Sep 2024 12:01:27 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -3