Seeking Alpha Seeking Alpha Portfolio App for iPad  When you are
uncertain where the market will go, it may pay to invest in one
of the steadiest stocks in the market, Steady Eddie --
Consolidated Edison (ED). This is essentially a regulated
utility that has a reputation for being well run. It has raised
its dividend for 38 straight years. It steadily invests in
infrastructure. It prides itself on its reliability and its
customer service. This pride is not misplaced. It won the 2011
National Award for Outstanding Reliability Performance by PA
Consulting Group for its electricity delivery in 2010.  Its two
main subsidiaries are Con Edison of New York (CECONY) and Orange
and Rockland (O&R). Between these two ED delivered 42% of New
York state's 2011 electric peak consumption. Between the two it
has 3.6 million electric customers, 1.229 million gas customers,
and 1,735 steam customers. It also owns and operates much of the
infrastructure necessary to provide all of these services. No
one else can possibly begin