galegal

Consolidated Edison: Stock Analysis

Thank you, Logic. That was exactly my thinking when I bought the stock around it's 52 week low. New Yorkers, especially apartment dwellers, to maybe a greater degree than folks in other parts of the country are unlikely to cut their energy use. Much of that use is institutional and controlled by people other than those who pay for it. The subways will run, the offices will be lit, heated and cooled, restaurants will use gas and people will continue to run their air conditioners The rate hike will still seem a bargain compared to the cost of a cab ride.
I like to read the statistical analysis but human observation is a greater motivating factor for me. I think ED will be my Yard Sale find of the month.