"No one ever made a dime panicking," Jim Cramer told the viewers of his "Mad Money" TV show Tuesday. "And that's why those who sold yesterday want to shoot themselves today."
The utility has offered a dividend since 1975, and it is likely to continue its strong, steady performance.
ConEd's (ED) stock rating was boosted to 'hold' at Deutsche Bank on Monday morning.
Here are Monday's top research calls, including upgrades for Kinder Morgan, Verizon and 3M, and a downgrade for AT&T.