CMP: $56

Consolidated Edison, Inc., through its subsidiaries, provides a variety of energy related products and services. The Company supplies electric service in New York, parts of New Jersey, and Pennsylvania as well as supplies electricity to wholesale customers.

Consolidated Edison is a $16 Billion market cap company trading at a P/E of less than 15. Revenues have stayed flat around $13 Billion in the last 2 years. Profits have risen from $868 Millions to $1.05 Billion in the last 2 years. Profit margins have risen smartly from less than 7% to over 8% in the last 2 years. Its a decent bet with high debt levels.