S&P Global: My Favorite Stock In The Market Today

Nov. 03, 2023 1:00 PM ETS&P Global Inc. (SPGI) StockSPGI43 Comments
Nicholas Ward
33.63K Followers

Summary

  • S&P Global is a top pick for long-term investment due to its strong performance, recent dip in stock price, and high-quality services.
  • The company operates in five main business segments, including credit ratings, market intelligence, commodity insights, mobility, and indices, all of which have shown growth in Q3.
  • SPGI has a 50-year track record of annual dividend increases and is expected to continue growing its dividend at a double digit pace.

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These days, just about every time that I find some cash lying around in one of my brokerage accounts, I buy more shares of S&P Global Inc. (NYSE:SPGI).

That's especially the case after the stock's recent dip.

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This article was written by

33.63K Followers
Nicholas Ward is a Senior Investment Analyst with Wide Moat Research and the former editor-in-chief and portfolio manager at The Intelligent Dividend Investor, The Dividend Growth Club, and The Income Minded Millennial.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of A, AAPL, ABBV, ACN, ADC, ADP, AMGN, AMZN, APD, ARCC, ARE, ASML, AVB, AVGO, BAH, BAM, BEPC, BIPC, BIL, BLK, BN, BR, BTI, BX, CARR, CMCSA, CME, CMI, CNI, CPT, CRM, CSCO, CSL, DE, DEO, DHR, DLR, ECL, ENB, ESS, FRT, SPAXX, GOOGL, HD, HON, HRL, HSY, ICE, ITW, JNJ, KO, LHX, LMT, LOW, MA, MAA, MCD, MCO, MDT, MKC, MO, MRK, MSCI, MSFT, NKE, NNN, NOC, NVDA, O, ORCC, OTIS, PEP, PFE, PH, PLD, PLTR, QCOM, REXR, RSG, RTX, RY, SBUX, SHW, SPGI, TMO, TD, TXN, USFR, UNH, V, VLTO, WM, WPC, ZTS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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