S&P Global is a safe house for durable earnings growth, trading at low multiples due to market punishment of AI spenders and victims, with a dominant position in credit ratings and a history of dividend increases.
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The creator discusses three stocks they are buying in July: Microsoft (MSFT), Meta Platforms (META), and S&...
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The creator discusses three stocks they are buying in July: Microsoft (MSFT), Meta Platforms (META), and S&P Global (SPGI). They highlight recent price drops and current valuations as reasons for buying, citing AI's impact and the companies' strong business fundamentals.
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Meta is a buy after dropping 25% from all-time highs, trading at 18x forward earnings with the lowest price to operating income and cash flow since 2022, driven by reaccelerated earnings and strong user growth.
Microsoft is a buy due to its 25% drop from all-time highs, trading at a 20x forward earnings multiple compared to its 5-year average of 30x, despite AI capex concerns, while its Azure and Office segments show strong growth.