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« Bed Bath & Beyond Earnings | Main | Salesforce.com Shares Decline on Outage » December 21, 2005 Moody’sI have to admit that Moody’s (MCO) is a great company. The company just raised its dividend. It’s about to make another new high. Warren Buffett owns a large stake in it, but I think the stock is getting to be too rich at these levels. A lot of the stock's surge is due to P/E ratio expansion. That can't go on forever. If the shares come back below $50, I think it would be a great buy.
Posted by edelfenbein at December 21, 2005 1:50 PM |
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