How Risk Helps This Stock Succeed
We're living through a period of uncertainty where natural disasters seem like a regular occurrence, companies face increasing scrutiny over their business practices, and the pandemic has caused a glut of supply chain and employment issues that businesses have had a difficult time navigating.
This is where Marsh & McLennan (NYSE: MMC) shines. Marsh & McLennan is one of the largest insurance brokers and consulting firms in the world. The company provides advice to clients relating to risk management, strategy, and other business issues.
The firm's solid performance is the result of high demand for its consulting services as businesses look to navigate the treacherous waters. However, even before the pandemic Marsh & McLennan has been a solid company, with its stock performance beating the broader S&P 500 index over the past decade.
Source Fool.com
