Edison International: Earnings Strength Amid Wildfire Overhangs (Upgrade)

Core Insights - Utilities sector has seen significant gains recently, driven by sharply lower Treasury yields, making equity income plays more attractive [1] Group 1: Market Dynamics - The comparative interest rate trade now favors popular income plays in the equity space, particularly utilities [1] - The Utilities Select Sector SPDR ETF has shown a year-on-year performance improvement, reflecting the sector's appeal amid changing interest rates [1]