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Raymond James Names MSCI Inc. (MSCI) Top Sector Pick, Cites Strong Sales Momentum
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We recently compiled a list of the 13 Best Stocks to Invest In on Robinhood for Beginners. MSCI Inc. is among the best Robinhood stocks. TheFly reported on March 17 that Raymond James elevated MSCI from an Outperform to a Strong Buy rating, retaining a price target of $710. The firm designated MSCI as its top pick in the information services sector, citing strong sales momentum and minimal exposure to AI-related risks. According to Raymond James, MSCI’s shares trade only slightly above the broader market multiple, presenting a compelling risk/reward opportunity for investors. Moreover, earlier on March 3, MSCI Inc. (NYSE:MSCI) announced that it expanded its index capabilities across alternative and multi-asset classes by acquiring Compass Financial Technologies, a specialized provider of index services. This acquisition strengthens MSCI’s capacity to design, calculate, and customize complex indexes spanning equities, fixed income, commodities, digital assets, currencies, and derivatives. The integration enables MSCI to offer sophisticated multi-asset and derivative-inclusive indexes, supporting investors in benchmarking, portfolio construction, and product development. Compass’s advanced platform will accelerate MSCI’s innovation in customized index solutions while maintaining long-term continuity. The transaction terms were not disclosed, and the financial impact is not expected to materially affect MSCI, with Compass’ results reported within MSCI’s Index segment. MSCI Inc. (NYSE:MSCI) is a financial services company that provides global benchmarks, analytics, and risk management tools, including the widely used MSCI equity indices and ESG products, to help institutional investors make informed investment decisions. While we acknowledge the potential of MSCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.