This summary was created by AI, based on 1 opinions in the last 12 months.
Moody's Corp. (MCO-N) is a top pick for experts due to its strong performance in debt ratings, which constitutes a major part of its business. With only three companies in this niche, Moody's is in a favorable position to capitalize on the issuer of debt paying them when debt comes up for renewal or when new debt is issued. This has resulted in a 5% increase in its stock value as of March 22nd, 2022.
He has SPGI right now from this industry. There will be a ton of debt issued in the near term so he likes this industry and feels it is going to benefit from the process we are going through.
Moody's Corp. is a American stock, trading under the symbol MCO-N on the New York Stock Exchange (MCO). It is usually referred to as NYSE:MCO or MCO-N
In the last year, 1 stock analyst published opinions about MCO-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Moody's Corp..
Moody's Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Moody's Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Moody's Corp. In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Moody's Corp. (MCO-N) stock closed at a price of $393.82.
Debt ratings are the biggest part of its business and there are only three companies that do this. The issuer of debt pays them when debt comes up for renewal or there is new debt.