Moody’s Corporation (NYSE:MCO) is one of the 10 Best Long-Term Stocks to Buy Now According to Warren Buffett.
Moody’s Corporation (NYSE:MCO) is one of the largest ratings agencies in the world
Berkshire Hathaway disclosed holding 28.4 million shares of the firm in Q4 2010. Back then, these shares were worth $754 million. By Q4 2013, the number of shares had dipped to 24.6 million, and it has stood there since then.
In Q4 2013, the shares were worth $1.9 billion, and the same amount is now worth a whopping $10.7 billion courtesy of a $473 average share price. Mizuho discussed Moody’s Corporation (NYSE:MCO)’s shares on April 27th. It reduced the share price target to $521 from $524 and kept a Neutral rating on the stock.