Consolidated Edison, Inc. (NYSE:ED)
CAPS Rating:
Principal business segments are Con Edison of New York's regulated electric, gas and steam utility segments, Orange and Rockland Utilities' regulated electric and gas utility segments and the unregulated businesses of Con Edison's other subsidiaries.
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Not necessarily a poor stock pick -- provides a solid dividend good for low-risk investors close to retirement that would favor an investment that provides predictable cash flow -- but is in a mature growth cycle stage that will not see much growth going forward.