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TRI:CC - Thomson Reuters: Organic EPS Growth And Buybacks Make The Stock Attractive
Thomson Reuters Corporation
2024-02-20 01:48:00 ET
Summary
I give this a buy rating given the potential total return of 24% over the next 2 years.
TRI saw consolidated organic growth of 7% in 4Q23, particularly driven by strong performance in Reuters News.
Thomson Reuters' investments in generative AI and upcoming product launches are expected to support sustained high-single-digit organic growth and operating leverage.