S&P Global (SPGI) stock has recently seen a significant downturn of 21.8% over 21 trading days, stemming from concerns about disappointing earnings guidance and increased AI investments. Despite strong fundamental performance and being fairly priced, the article examines SPGI’s resilience during past economic downturns, noting that it has historically fallen more than the S&P 500 but also recovered, albeit sometimes slower. The analysis suggests considering a portfolio approach to investing due to single-stock volatility.
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Is S&P Global Stock Built to Withstand More Downside?
S&P Global (SPGI) stock has recently seen a significant downturn of 21.8% over 21 trading days, stemming from concerns about disappointing earnings guidance and increased AI investments. Despite strong fundamental performance and being fairly priced, the article examines SPGI’s resilience during past economic downturns, noting that it has historically fallen more than the S&P 500 but also recovered, albeit sometimes slower. The analysis suggests considering a portfolio approach to investing due to single-stock volatility.