ConEd CEO explains how utility stocks react to interest rates — It's 'a knife that cuts both ways'

Consolidated Edison CEO John McAvoy tells Jim Cramer how utility stocks are related to the bond market and where the company is investing in renewable energy.

[muradshawar]

Literally was featured at the top of the stock. I bought in today for 71.25$ LONG

[SisyphusJP]

Great company good management, seems like nothings changed bought 70.34 dollars see how I do with it. 17 p/e dividend ratio of 60 percent

[brianist]

I agree but I don't see interest rates going up anytime

[nancysmith]

Are poles supposed to hold up wires or are those wires holding up poles, yes they are...
Standards of integrity conduct electricity

[khafreahmose]

Cramer sounds like a talking head salesman.

[nancysmith]

The best question for him is, why doesn't he see all hazardous conditions, structural integrity compromised when going to work... Around his friends house, family
🙈
🙊
🙉
If we don't see it, hear it, speak it, it's not there...
Ciao TOO

[nancysmith]

Howmany condmed poles sitting over the years, safety priority
Lack of maintenance caring for...

[nancysmith]

Good story would be Pseg and broken poles left hanging wires, unfinished work. State work taken advantage of as well as local citizens, city's and towns. Tree right aways conservation, illegal release of employment, sick time, especially during pandemic guess as big part of New Jersey we can't be held accountable for our actions or no actions...
Start in Southern towns Princeton college area New Jersey and surrounding areas...
Red tagged poles, manuals and safety manaul and OSHA violations as well as our standards of integrity not being met themselves...
IBEW local 94/ international
can help explain all that's missing needed and left out...
Local towns frustrated with no one to listen...
District attorney general office
Board of public utilities
Safety concern s throughout the State...
Rt 1 prime example of...
Thank yous for 🎧