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The number of stocks in the S&P 500 claiming a prestigious AAA rating from S&P has...

The number of stocks in the S&P 500 claiming a prestigious AAA rating from S&P has fallen dramatically after downgrades slowly but surely filtered the list over the last few years. Surviving the cut with ratings and income that beat U.S. Treasurys: JNJ, 3.6% yield; MSFT, 3% yield; XOM, 2.4% yield; ADP, 2.8% yield.
Comments (1)
  • Why do people still care what the rating agencies say?

     

    Listen to what the market is saying. The rates on Treasuries (which are supposedly no longer AAA) are lower than any of those companies listed. That means the market is saying that Treasuries are a safer bet than any of those stock listed.

     

    Unless you don't believe in markets and think that they are wrong?
    18 Oct 2011, 01:20 PM Reply Like
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