5 Stocks to Watch From the Prospering Securities and Exchanges Industry
From NASDAQ.: 2024-06-25 13:35:00
secure future growth of the company. A Zacks Rank #3 stock, CME Group is making strategic investments in technology to enhance trading efficiency and drive new revenue streams. The company is focused on providing a diversified range of products and services to meet the changing needs of market participants.
MarketAxess Holdings: Based in New York, NY, MarketAxess Holdings is a leading electronic trading platform for fixed-income securities. MarketAxess Holdings, with a Zacks Rank #3, continues to witness a rise in trading volumes and product expansion through acquisitions. The Zacks Consensus Estimate for the company’s 2023 and 2024 EPS indicates a year-over-year rise of 3.6% and 6.3%, respectively. The company came up with a four-quarter earnings surprise of 1.97%. The expected long-term earnings growth is pegged at 11%, better than the industry’s average of 8%.
In conclusion, the Zacks Securities and Exchanges industry is expected to benefit from a compelling product portfolio, mergers and acquisitions, investments in technology, and a focus on non-trading revenue sources. Companies like Intercontinental Exchange, CME Group, Coinbase Global, Cboe Global Markets, and MarketAxess Holdings are positioned for future growth and profitability in the dynamic financial markets landscape.
Read more at Nasdaq: 5 Stocks to Watch From the Prospering Securities and Exchanges Industry