We came across a bullish thesis on Edison International on Research Corner’s Substack by Qian Yuantian. In this article, we will summarize the bulls’ thesis on EIX. Edison International's share was trading at $58.89 as of November 28th. EIX’s trailing and forward P/E were 7.72 and 9.67 respectively according to Yahoo Finance.
Edison International, through its subsidiaries, engages in the generation and distribution of electric power. EIX presents an attractive buying opportunity following a steep share price decline triggered by investor fears over potential liabilities...
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