Deal Dispatch: Nvidia Buys Hugging Face for $12.9 Billion, Barilla Acquires Goodles, Park Place Partners Bankruptcy
Major M&A deals include Flex buys EPC Power for $4.4 Billion, KKR acquires A1 Garage Door, Starman Optical Buys GoPro.
Stocks · News reference
RBC Capital analyst Ashish Sabadra reiterates S&P Global (NYSE:SPGI) with a Outperform and maintains $510 price target.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Major M&A deals include Flex buys EPC Power for $4.4 Billion, KKR acquires A1 Garage Door, Starman Optical Buys GoPro.
S&P Global is highlighted as one of fewer than 30 S&P 500 companies that have raised dividends for 50+ consecutive years, achieving 54 years of increases. The company has delivered over 15% annualized returns over three decades, outperforming the S&P 500's 10.4%. Despite earlier concerns about AI disruption and disappointing Q4 results, S&P Global's dominant 50% market share in credit ratings, asset-light business model with 54% operating margins, and recent earnings guidance raise make it an attractive buy at current valuations of 26.4x earnings.
Historical data from 100 years of S&P 500 performance shows that the best strategy during recessions is to do nothing and hold investments. Despite 15 recessions including the Great Depression and Great Recession, the S&P 500 has delivered approximately 10% average annual returns. Even investors who bought at market peaks recovered their investments if they remained patient and didn't panic sell.