da-kuk Investment Thesis S&P Global (NYSE: SPGI ) has been one of the best compounders in the past decade, with its share price up over 750% during the period, comfortably beating the return of the S&P 500 index. However, amid high inflation, rising rates, and recessionary fears, the company is now trading 23% below its all-time high. I believe the pullback is temporary and provides a good buying opportunity for long-term investors as the company’s fundamentals remain strong and the merger with IHS Markit should open up more growth opportunities. The company has been very shareholder friendly throughout the past with consistent increases in dividends and buybacks. The latest guidance was extremely upbeat and indicate a re-acceleration in growth. The current valuation is also discounted when compared to peers. Therefore I rate S&P Global as a buy. Data by YCharts Multiple Growth Opportunities In late 2020, S&P Global merged with IHS Markit in a $44 billion all-stock deal , transforming the company into a financial powerhouse. IHS Markit specializes in analytics and information solutions for the financial markets. The merger allows S&P Global to diversify its revenue stream and further expand into the analytical space, which presents a huge […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
