MCO - Moody's: Perfectly Aligned For Cyclical And Secular Growth
2024-04-16 07:56:35 ET
Summary
- Key variables suggest Moody's Corporation is set to benefit from cyclical and secular growth.
- A potential global interest rate pivot scenario adds allure to investment-grade and public debt deal flow.
- Vendor data indicates that option-adjusted spreads will remain calmer than initially anticipated, adding resilience to Moody's recent high-yield debt deal flow.
- Moody's Analytics phases in secular growth prospects with offerings suitable to modern asset management. Moreover, access to scarce data is a massive plus.
- Our P/E expansion formula suggests Moody's stock is undervalued. Other methods may conflict with our results. Nevertheless, we assign a buy rating to Moody's stock.
When many hear the name Moody's Corporation ( MCO ) , they usually think about a firm with a business model confined to ventures with a select few private sector firms. However, there's much more to the firm than that. In fact, Moody's is extending its reach to most corners of the world with a comprehensive business model spanning credit ratings and an analytics platform, among other components.
Our analysis here communicates some of our latest findings of Moody's cyclical and secular prospects. Let's get started....
Moody's: Perfectly Aligned For Cyclical And Secular Growth