I still like $SPGI. I sold mine this year to add $ACN, which has rebounded nicely.
Refinancing could help SPGI, but maturities don’t pay ratings fees. Companies have to issue bonds. At today’s borrowing costs, some will wait.
Great business. I simply saw more upside in ACN.
Dividend Dynasty@DividendDynasty$SPGI remains my TOP long-term pick.
5yr low valuations, and a wave of corporate debt due to be refinanced.
S&P Global is perfectly positioned to capture YEARS of sustained, high-margin revenue from rating an unprecedented surge in bond issuances.
Long $SPGI
