New York-based Consolidated Edison, Inc. (ED) is a leading provider of regulated electric, gas, and steam services in New York City, New Jersey, and Westchester County. Valued at $35 billion by market cap, Con Edison also invests in electric and natural gas transmission projects that offer customers access to diverse, low-cost energy supplies.
Companies worth $10 billion or more are generally described as "large-cap stocks," and Consolidated Edison fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the utilities sector. With its 200-year-old reputation of providing such services, ED has established a strong foothold in the industry.
