No. of Recommendations: 5
Short of time, no commentary.
The idea is the London Stock Exchange Group (only ~1% of whose operating earnings come from the actual London Stock Exchange), closed at 10100 pence. 52 week high 12185.
Would have been a better entry at 9200 four days ago, but what can you do?
Financial Times: London Stock Exchange Group PLC, LSEG:LSE summaryVery short summary of the idea: they are thought of as the London Stock Exchange, but they're really an international data vendor with a very sticky subscription model, like Nasdaq.
The price is not conventionally cheap, but it's a firm one might want to read about. I think there is a price at which it would be a very good long term bet. This may not be it, but prices change.
Dividends are definitely not the best way to pick an investment, but FWIW they have risen at 13%/year for a while now.
J
