Here’s Why You Should Stay Invested in Nasdaq (NDAQ) Stock
From Nasdaq: 2024-04-10 13:02:00
Nasdaq’s impressive organic growth, strategic buyouts, and capital deployment make it a solid choice for portfolios. The stock has gained 7.7% year-to-date with an optimistic earnings outlook. Nasdaq outperformed industry averages in ROE and invested capital utilization.
Nasdaq’s growth drivers include a focus on high-growth segments, strategic acquisitions, and expanding anti-financial crime solutions. The company aims for 5-7% revenue growth in non-trading revenue. Estimates show strong growth potential in various business segments, emphasizing innovation and market opportunities.
Nasdaq’s stock is currently ranked #3 (Hold), with a growth strategy targeting market opportunities like cryptocurrency and anti-financial crime solutions. Despite anticipated charges, Nasdaq expects revenue synergies by 2025. The company’s operational strength reflects growth in earnings and dividends, positioning it well for continued success.
Read more at Nasdaq: Here’s Why You Should Stay Invested in Nasdaq (NDAQ) Stock