Best Value Stock to Buy for Oct. 29th

Here is the stock with buy rank and strong value characteristics for investors to consider today, Oct. 29th:  

Edison International EIX: This investor-owned public utility company which, is primarily engaged in the business of supplying electricity to an approximately 50,000 square-mile area of Southern California, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Edison International Price and Consensus

Edison International price-consensus-chart | Edison International Quote

Edison International has a price-to-earnings ratio (P/E) of 9.33 compared with 19.40 for the industry. The company possesses a Value Score of A.

Edison International PE Ratio (TTM)

Edison International pe-ratio-ttm | Edison International Quote

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.

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This article originally published on Zacks Investment Research (zacks.com).

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