Zacks Investment Research named S&P Global (SPGI) a top investment to capitalize on the 'Big Data' trend. The analyst blog emphasized SPGI's strong position in the business information services sector. Strategic acquisitions drive the company's innovation, product development, and ability to provide differentiated content.
Recent purchases, including ORBCOMM and TeraHelix, enhance S&P Global’s data modeling and AI capabilities.
The report underscored SPGI's positive financial outlook. Zacks expects revenue growth of 7.2% for the current year. Zacks also expects earnings growth of 11.6% for the current year. The Zacks Consensus Estimate for current-year earnings improved 0.3% over the last seven days, reinforcing the positive analytical stance.