Are you a technical investor? If so, it may be time to consider Edison International (EIX) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for EIX.
This trend may have already begun, as shares of EIX have moved by higher by 10.4% in just the past month. Plus, EIX has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Edison International has plenty of life left.
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