3 of Bill Ackman’s New Stock Picks Are Interesting: S&P Global Trades 28% Below Its High While Visa and Mastercard Sit Near Theirs
S&P Global (SPGI -0.92%) closed Friday at $418.80, about 28% below its 52-week high of $579.05. Visa (V -0.36%) and Mastercard (MA +0.40%) closed the same session about 3% and 5% below their own highs, respectively. It’s a striking gap, because these three businesses have a lot in common. All of them collect fees on…