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

Edison International ( EIX) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole was unchanged today. By the end of trading, Edison International rose 50 cents (1.1%) to $45.28 on average volume. Throughout the day, 2.1 million shares of Edison International exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in a price between $44.84-$45.48 after having opened the day at $44.87 as compared to the previous trading day's close of $44.78. Other companies within the Utilities sector that increased today were: GreenHunter Energy ( GRH), up 4.8%, UGI Corporation ( UGI), up 2.4%, Niska Gas Storage Partners ( NKA), up 2.4%, and Huaneng Power International ( HNP), up 2.3%.

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 $14.53 billion and is part of the utilities industry. Shares are up 8.6% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Edison International a buy, no analysts rate it a sell, and four 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 solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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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