Is Moody's Stock a Buy?
Moody's (NYSE: MCO) was one of the best-performing stocks in 2019, returning almost 70% for the year. Moody's, a leading provider of credit ratings, research, and risk analysis, has been a juggernaut for the past decade, with a total return of over 800% since February 2010, when the stock traded at about $26 per share. Now it's trading at around $270 per share.
This year, the stock has picked up where it left off, returning almost 15% already as of Feb. 13. On Wednesday, Feb. 5, the company released its fourth-quarter earnings and showed continued momentum. Let's take a look at where Moody's is right now and if it's still a buy.
Moody's is one of the big three credit rating agencies. Image source: Getty Images.
Source Fool.com
