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Is S&P Global the Best Wide-Moat Financial Stock to Buy Right Now?
Key takeaways
- SPGI BRK-B NVDA Warren Buffett, former CEO of Berkshire Hathaway, popularized the term "moat" to describe a company with secure competitive advantages, as if it were protected by a moat around the proverbial castle.
- Many of his stock picks over the years had this competitive moat.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
SPGI BRK-B NVDA Warren Buffett, former CEO of Berkshire Hathaway, popularized the term "moat" to describe a company with secure competitive advantages, as if it were protected by a moat around the proverbial castle.
Many of his stock picks over the years had this competitive moat. But one moat-protected stock that Buffett never owned is Standard & Poor s Global (NYSE: SPGI), and I m not sure why -- it may be the best wide-moat stock in the financial sector.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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