S&P Global: Buy, Sell, or Hold?
The company has minted millionaires with decades of capital gains and dividend growth.
Most investors know the S&P 500 stock market index but usually stop there. S&P stands for Standard & Poor's, referencing S&P Global (NYSE: SPGI). The company is the majority owner of the joint venture that operates the S&P 500. However, market indexes are only about 11% of the business. If you peel back the onion's layers, you'll see that S&P Global is a juggernaut in the global financial markets.
S&P Global provides various products and services centered around data and research, including analytics and insights into markets and investments, corporate credit and debt ratings, and commodities markets.
The stock is a beast, having returned over 107,000% since the 1970s, including 51 consecutive annual dividend increases!
