S&P/TSX Composite Ends Year on High Note as U.S. Markets Dip

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This was the fifth consecutive year of growth for the S&P ($NYSE:SPGI)/TSX Composite. S&P Global Inc., formerly McGraw Hill Financial Inc., is a financial services provider based in the United States. It specializes in providing ratings, analytics, and research for investors, government entities, and corporations around the world. It is the parent company of S&P Global Ratings, S&P Global Market Intelligence, and S&P Dow Jones Indices. The company is headquartered in New York City and has offices around the world.

Share Price

The S&P GLOBAL stock opened at $439.3 and closed at $436.4, a decrease of 0.9% from last closing price of 440.5. Analysts attribute the strong performance to Canada’s relatively strong economy compared with its peers, buoyed by higher oil prices, consumer spending and a strong housing market. It also benefits from its solid banking system, which helped it earn an “AAA” credit rating from S&P Global Ratings. Looking ahead, analysts remain cautiously optimistic for the future of the Canadian stock markets. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for S&p Global. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for S&p Global. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for S&p Global. More…

Key Ratios Snapshot

Some of the financial key ratios for S&p Global are shown below. More…

Analysis

Our analysis of S&P GLOBAL‘s wellbeing shows that the company falls into the ‘gorilla’ category, indicating its strong competitive advantage and consistent high revenue or earnings growth. This makes it an attractive investment opportunity for investors looking for companies that are able to sustain themselves in difficult times and generate a steady stream of high returns. S&P GLOBAL has a high health score of 8/10, with regard to its cashflows and debt, which makes it a reliable choice for long-term investors. Furthermore, our star chart shows that the company is strong in terms of dividend, growth, and profitability, but weak in asset. This indicates that S&P GLOBAL is a great option for those looking for a secure income source, but may be less attractive to those seeking higher asset returns. More…

Peers

In the world of financial analysis and investment, there are a few major players that everyone knows. S&P Global Inc is one of these companies, and they frequently compete with others such as OTC Markets Group Inc, Euromoney Institutional Investor PLC, and Nasdaq Inc. All of these companies provide essential services to their clients, and all are leaders in their field. Though they may compete with each other, they also frequently collaborate in order to provide the best possible service to their clients.

– OTC Markets Group Inc ($OTCPK:OTCM)

OTC Markets Group Inc is a United States financial market providing price and liquidity information for almost 10,000 over-the-counter securities. The company has a market capitalization of 664.01 million as of 2022 and a return on equity of 76.45%. The company operates three markets: the OTCQX Best Market, the OTCQB Venture Market, and the Pink Open Market. The company also provides a range of services for broker-dealers, including trade reporting, regulatory compliance, and market data.

– Euromoney Institutional Investor PLC ($LSE:ERM)

Euromoney Institutional Investor PLC is a provider of business information and capital markets intelligence. The company has a market cap of 1.58B as of 2022 and a return on equity of 2.93%. The company provides analysis and data on the global financial markets, including capital markets, banking, and asset management. The company also offers conferences, training, and publications.

– Nasdaq Inc ($NASDAQ:NDAQ)

Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. It offers a wide range of products and services for businesses of all sizes, from startups to large enterprises. Nasdaq is home to some of the world’s most innovative companies, including Tesla, Microsoft, and Apple. It is also one of the largest exchanges in the world, with a market capitalization of over $30 billion. Nasdaq’s return on equity is an impressive 16.97%. This means that for every $1 invested in the company, shareholders can expect to receive $0.17 in return. Nasdaq’s strong market position and profitability make it an attractive investment for many investors.

Summary

The S&P Global market trend has seen an overall rise in the weeks leading up to the new year. The S&P/TSX composite index has experienced an increase, while U.S. markets have experienced a slight dip. Fundamental and technical analysis should be used to evaluate stocks for potential returns. When selecting investments, investors should consider factors such as risk tolerance, time horizon, financial goals, and sector or industry dynamics.

Diversification of investments across asset classes is also important when building a portfolio. Investors should also be mindful of macroeconomic conditions in the global market to make informed investment decisions.