With a market cap of $22.6 billion, Edison International (EIX) engages in the generation and distribution of electric power. Founded in 1886, the Rosemead, California-based company supplies and delivers energy through its electrical infrastructure to an approximately 50,000 square-mile area of southern California.
Companies valued at more than $10 billion or more are generally considered “large-cap stocks”, and EIX fits this criterion perfectly. As a leading supplier of energy services, the company benefits from a large customer base consisting of residential, commercial, industrial, public authorities, agricultural, and other sectors.
