The Great Long Play, Buffet Call & Master of Stability
I always wondered why anyone would invest in Moodys. Well, looking at its trend lines, its consistent ranges, stability and growth with the prevailing market sentiment, it seems like an almost no-brainer as to why you'd start and hold a position in it. While it's hard to want or even give a PT for the stock, it has weathered this year well and should return to $170 levels without problem. In a year where people want to avoid stability and find good hiding places, MCO might just be that. I'd personally ride this one out to $175-180 before taking gains and watching for a new range, ala 2016, to trade within depending on how this year unfolds into 2019.
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