1 Dividend King Stock Down 25% to Buy Right Now
If you're looking for a high-quality dividend stock to add to your portfolio, consider this blue chip stock.
1 Dividend King Stock Down 25% to Buy Right Now
Overview
Software and financial technology stocks took a hit earlier this year when fears around generative artificial intelligence (AI) sent shock waves across the market. Product rollouts, such as Anthropic's Claude and OpenAI's automation tools, sent the software-focused iShares Expanded Tech-Software Sector ETF tumbling.
One company caught up in this wave of selling is credit rating company and financial data provider S&P Global (NYSE: SPGI). Since the start of the year, S&P Global's stock price has fallen 17%. It's down 25% from its 52-week high amid AI fears and a softer-than-expected earnings forecast.
Details
However, the dip could be a buying opportunity for investors today. Here's why.
Source
Originally published at www.fool.com.



