Is Edison International Stock Underperforming the Nasdaq?

Rosemead, California-based Edison International (EIX) generates and delivers electricity to millions of residential, commercial, and industrial customers. Valued at a market cap of $22.4 billion, the company is investing heavily in renewable energy, battery storage, electric-vehicle infrastructure, and grid modernization to support the country’s long-term decarbonization goals. Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and EIX fits the label perfectly, with it ...