MSCI - MSCI Inc.: Here's Why I Bought This Stock With Double-Digit Dividend Growth Potential

2024-04-19 00:34:11 ET

Summary

• MSCI Inc. is nearing fair value after an 11% sell-off, making it an attractive buying opportunity.
• MSCI is a top dividend growth compounder with a higher yield and better long-term returns than other blue-chip stocks.
• The company benefits from the passive investing trend and has strong growth prospects, making it a must-own stock.

It's not often that the bluest of the blue chip compounders go on sale.

And knowing this, when these moments arrive, I do my best to tune out the macro noise and buy shares.

Yes, a war between Israel and Iran is scary. And that's just one of many geopolitical headwinds that the market faces at the moment. Yes, that conflict could drive energy prices higher, contributing to persistently high inflation and therefore, increasing the threat of a more hawkish Fed moving forward. Higher-for-longer interest rates are scary for investors. Yes, uncertainty about consumer sentiment, earnings growth, the overall strength of the economy, and therefore, the fear of an overpriced stock market is scary.

But, in the world we live in, fear is unavoidable.

I don't mean to downplay any of these potential threats to the market or the lives of humans across the globe. It's true that each of these threats could manifest into something significant, causing pain and suffering, both physically and financially, for many, many people.

It's sad that we live in a fallen world. But, I can't control these things.

When I say I plan to ignore the headlines, it's not in a blissful sense, but one anchored in long-term data....

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