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1 Cash-Rich Utility Retirees Can Count On to Protect Their Future Financial Plans
Key takeaways
- A Moody's negative outlook and $6.6 billion capex plan requiring $1.1 billion in new equity signal meaningful dilution risk if interest rates stay elevated.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Consolidated Edison didn't make the cut.
- Few stocks earn their place in a retiree's portfolio the way Consolidated Edison (NYSE:ED) has.
A Moody's negative outlook and $6.6 billion capex plan requiring $1.1 billion in new equity signal meaningful dilution risk if interest rates stay elevated.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Consolidated Edison didn't make the cut. Grab the names FREE today.
Few stocks earn their place in a retiree's portfolio the way Consolidated Edison (NYSE:ED) has. The New York utility delivers electricity, gas, and steam to roughly 3.7 million electric customers across the country's busiest commercial district and just notched its 52nd consecutive year of dividend increases. Is that streak built to last another decade?
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