Moody's Corporation (NYSEL:MCO) investors would have seen a 122% return on their stocks in the last five years. The company's stake, however, did decrease as per the New York State Common Retirement Fund. The company raised their full-year profit forecast, reflecting robust product demand. Moody's SVP sold $777,288 in stocks, with the results for the company's third quarter of 2024 being announced. Moody's Corporation also entered into a strategic partnership with MSCI to boost transparency and data-driven risk solutions. Despite performing well and gaining notable recognition, the corporation's stocks are expensive. The corporation was highlighted among the next 10 years unrivaled stocks, solid growth stocks and as the best long-term stock to buy. Despite multiple insider sales, the corporation still presented strong Q3 2024 financial performance. Plenty of other funds sold their stock in Moody's, which received an average recommendation of 'Moderate Buy' from analysts. The demand for Moody's services has enabled them to raise their 2024 profit forecast once more. The company has also announced their participation in Project Guardian, which explores asset tokenization. Amidst the strong performance, their stock hit an all-time high at $469.81.
Moody's Corporation MCO News Analytics from Thu, 15 Feb 2024 08:00:00 GMT to Sat, 02 Nov 2024 10:42:33 GMT -
Rating 8
- Innovation 2
- Information 7
- Rumor 3
