Moody's (MCO) Trades Near 52-Week High: Time to Buy the Stock?
Moody’s(MCO) ZACKS·2024-08-13 21:32
Moody’s (MCO) shares are currently trading in the vicinity of a 52-week high of $465.30, touched on Aug 9. The stock has gained 17.9% this year against the industry’s decline of 0.5%.The stock has outperformed peers like S&P Global Inc. (SPGI) , Dun & Bradstreet Holdings, Inc. (DNB) and MSCI Inc. (MSCI) in the same period. Price Performance Image Source: Zacks Investment ResearchLet’s first try to understand what’s behind this share price rise and then we discuss whether the MCO stock has the potential to r ...