Consolidated Edison, Inc. (NYSE:ED) is named one of the Best Low Risk Stocks for a Retirement Stock Portfolio. BofA raises price target to $99 on ED after rate decision, maintains Underperform rating. The company plans to invest $72 billion over the next decade to support core utility operations and cleaner energy use. Con Edison’s business model is built on steady, predictable revenue from regulated rates. ED provides electricity, gas, and related energy services to customers. Despite potential, AI stocks offer greater upside and less risk. Check out the best short-term AI stock for more information.

Read more at Yahoo Finance: BofA Maintains Cautious View on Con Edison (ED) After Rate Decision