Friday, September 23, 2022

A Strong Business With a Strong Moat

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AN OXFORD CLUB PUBLICATION

Wealthy Retirement

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Equifax Is Priced Better by the Day

Jody Chudley, Contributing Analyst, The Oxford Club

Jody Chudley

Credit reporting agency Equifax Inc. (NYSE: EFX) has taken a beating this year.

The stock is down 40% - twice as much as the overall S&P 500, which is having a miserable year of its own.

Equifax Is Down Twice as Much as the S&P 500
 

This steep drop in share price intrigues me because Equifax is a strong company with an extremely durable competitive moat that protects its business.

But, as always, we should approach our investments with caution - no matter how attractive they look at first glance.

Is it time to buy yet?

Get my thoughts on Equifax in this week's Value Meter.

Reveal Equifax's Valuation Grade

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