Moody’s Corporation (MCO): A Bull Case Theory

We came across a bullish thesis on Moody’s Corporation on Global Equity Briefing’s Substack by Ray Myers. In this article, we will summarize the bulls’ thesis on MCO. Moody’s Corporation’s share was trading at $481.65 as of June 25th. MCO’s trailing and forward P/E were 41.63 and 36.23 respectively according to Yahoo Finance.

A close up of a portfolio of a variety of investment grade corporate bonds.

Moody’s holds a near-monopoly in the global credit ratings and financial risk...