Moody’s Corporation (MCO) has been earning a remarkable positive attention in recent updates. The company holds a privileged position among Warren Buffett’s stocks and is considered one of the best long-term and best performing investments in his portfolio. Significant trades involving MCO have been observed among asset management groups signifying their trust in the company. MCO stock is experiencing an upward trajectory, hitting new records and outperforming the financial sector. The company has surpassed revenue estimates in Q3 2024 with an impressive $1.8 billion and a notable EPS at $2.93. The CEO and CFO are to present strategic insights at major financial services conferences as well. The corporation continues to explore innovation by participating in Project Guardian for asset tokenization and by the acquisitions of Numerated Growth Technologies, CAPE Analytics, and Praedicat, aiming at enhancing their lending technology solutions and risk analytics capabilities with AI. The recent activities strengthen the case for MCO’s substantial growth prospects. However, some analysts consider MCO stock as overvalued but still a hold.
Moody's Corporation MCO News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 01 Feb 2025 20:33:16 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor -6