S&P Global Ratings upgraded ADT Inc. (ADT) to a ‘BB’ on July 25, citing improvements in credit metrics and reduced ownership by Apollo. This makes ADT one of the best low-priced stocks to buy now. The company is transitioning from underperforming segments to focus on core residential and small to mid-sized business operations.

The reduction of Apollo’s equity holding in ADT to 14% is expected to result in stronger governance and financial policies. S&P Global Ratings anticipates a broader investor base and diverse board of directors. Large shareholders like State Farm and Google are expected to influence business and financial plans. ADT provides security solutions for homes and businesses, including monitoring, smart home integration, and video surveillance. Revenues are rising, but subscriber count remains flat.

Read more at Yahoo Finance: S&P Global Ratings Upgrades ADT Inc. (ADT) on Credit Rating and Ownership Improvements