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Edison International (EIX): Today's Featured Utilities Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Edison International ( EIX) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.2%. By the end of trading, Edison International rose 60 cents (1.3%) to $46.60 on average volume. Throughout the day, two million shares of Edison International exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $46.02-$46.79 after having opened the day at $46.08 as compared to the previous trading day's close of $46. Other companies within the Utilities sector that increased today were: U.S. Geothermal ( HTM), up 6.1%, China Hydroelectric Corporation ( CHC), up 4.1%, Pure Cycle Corporation ( PCYO), up 3.5%, and Artesian Resource Corporation ( ARTNA), up 2.8%.

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Edison International, through its subsidiaries, engages in the generation and distribution of electric power. It operates in two segments, Electric Utility and Competitive Power Generation. Edison International has a market cap of $14.97 billion and is part of the utilities industry. Shares are up 11% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Edison International a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Edison International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Energy Company of Minas Gerais ( CIG), down 4.5%, Empresa Distribuidora y Comercializadora No ( EDN), down 4.3%, Dynegy ( DYN), down 3.5%, and Centrais Eletricas Brasileiras ( EBR.B), down 3.1%, were all laggards within the utilities sector with EQT ( EQT) being today's utilities sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider Utilities Select Sector SPDR ( XLU) while those bearish on the utilities sector could consider ProShares UltraShort Utilities ( SDP).

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