From a horizontal accumulation phase, the timing seems good to buy shares in S&P Global Inc. and to get ahead of a break-out on the upside of the congestion area. Investors have an opportunity to buy the stock and target the $ 298.9.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
The company is in a robust financial situation considering its net cash and margin position.
Sales forecast by analysts have been recently revised upwards.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
The tendency within the weekly time frame is positive above the technical support level at 228.7 USD
Stock prices approach a strong long-term resistance in weekly data at USD 274.38.
The stock is close to a major daily resistance at USD 274.38, which should be gotten rid of so as to gain new appreciation potential.
Based on current prices, the company has particularly high valuation levels.
The company benefits from high valuations in earnings multiples.
The company is not the most generous with respect to shareholders' compensation.
The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.