5 New Stocks to Buy In 2021 According to Jos Shaver’s Electron Capital

4. Edison International (NASDAQ:EIX)

Electron Capital Partners’ Stake Value: $40.5 million

Percent of Electron Capital Partners’ Portfolio: 1.96%

 Number of Hedge Fund Holders: 18

Edison International (NASDAQ:EIX) is based in California and operates in the utility sector. It generates and distributes electric power to commercial, residential and industrial consumers. The company has a strong base of 15 million customers.

According to the database of Insider Monkey tracking 873 hedge funds in Q2 2021, 18 funds have stakes in Edison International (NASDAQ:EIX), worth $1.38 billion.