Why Con Edison Is Ready to Rebound

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, New York utility Consolidated Edison (NYSE: ED  ) has earned a respected four-star ranking.

With that in mind, let's take a closer look at Con Edison and see what CAPS investors are saying about the stock right now.

Con Edison facts

Headquarters (founded)

New York (1884)

Market Cap

$16.8 billion

Industry

Multi-utilities

Trailing-12-Month Revenue

$12.2 billion

Management

Chairman/CEO Kevin Burke

CFO Robert Hoglund

Return on Equity (average, past 3 years)

9.3%

Cash/Debt

$69.0 million / $11.1 billion

Dividend Yield

4.3%

Competitors

American Electric Power

Duke Energy

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 95% of the 673 members who have rated Con Edison believe the stock will outperform the S&P 500 going forward.

Just yesterday, one of those bulls, fellow Fool Justin Loiseau (TMFJLo), tapped the stock as a particularly solid bargain opportunity: "Con Ed has been hit hard, and its stock price reflects Mr. Market's disappointment in its latest offerings. But after examining the company's gross/operating margins and spending decisions, I think Con Ed's got more to give than Wall Street expects."

If you want market-thumping returns, you need to put together the best portfolio you can. Of course, despite a strong four-star rating, Con Edison may not be your top choice.

We've found another stock we are incredibly excited about -- excited enough to dub it "The Motley Fool's Top Stock for 2013." We have compiled a special free report for investors to uncover this stock today. The report is 100% free, but it won't be here forever, so click here to access it now.

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