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Moody's Corporation MCO - News Analyzed: 5,470 - Last Week: 100 - Last Month: 400

⇑ MCO's Continuous Growth Wins Buffett's Favor; Extension in Market Presence and Enhanced Portfolio with Praedicat and Numerated's Acquisition

MCO's Continuous Growth Wins Buffett's Favor; Extension in Market Presence and Enhanced Portfolio with Praedicat and Numerated's Acquisition
Moody's Corporation (MCO) has delivered a notable return of 96% to its investors over the last five years, and an extraordinary 122% return in the past five years, drawing attention for its strong performance. Major moves include a strategic partnership with MSCI to enhance transparency and deliver data-driven risk solutions and the acquisition of Praedicat that adds casualty and liability modeling capabilities. The corporation has impressively reported revenue of $1.8 Billion and shown up as the best-performing stock in Warren Buffett's portfolio. Moreover, an impressive Q3 earnings beat resulted in the full-year profit forecast being raised above estimates due to strong product demand. Moody's is certainly not only an excellent dividend stock but also solid growth stock. The corporation’s Q3 2024 financial performance was strong and its earnings per share (EPS) reached $2.93. With exceedingly positive Q3 results, the firm raised its 2024 profit outlook. It has also been in news for its recent acquisitions like that of Numerated, deepening its presence in the lending technology solutions and expanding its lending suite.

Moody's Corporation MCO News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Sat, 11 Jan 2025 09:22:49 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor 4

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