Edison International: This Overlooked Utility Is Wired For A Rebound

Edison International is deeply undervalued due to wildfire fears, despite robust fundamentals and a stable, regulated utility business with long-term growth drivers. Market overreaction to fire liabilities ignores California's Wildfire Fund, prudent operator status, and significant risk mitigation investments, limiting EIX's true financial exposure. EIX benefits from California's electrification mandates, driving steady rate base and EPS growth, with a $38-43B capex plan and high-visibility returns.