From Nasdaq:

Intercontinental Exchange’s (ICE) shares have had a strong year, outperforming the industry, finance sector, and Zacks S&P 500 composite. With a market cap of $79.3 billion, ICE’s average trading volume in the last three months was 2.5 million. Earnings have grown above the industry average with a solid surprise history.

ICE benefits from a compelling portfolio, risk-management services, and strategic acquisitions like Black Knight. They expect growth in Fixed Income and Data Services recurring revenues, particularly in the mortgage sector. ICE plans to increase shareholder value through dividends and buybacks. The Zacks Consensus Estimate for 2024 and 2025 earnings is positive.

Other top stocks from the finance sector include Cboe Global Markets (CBOE), Coinbase Global (COIN), and Berkshire Hathaway Inc. (BRK.B). Coinbase has seen significant growth, CBOE has a good earnings outlook, and Berkshire has a strong track record. Analysts are optimistic about these stocks, as reflected in recent upward revisions to their estimates.



Read more at Nasdaq: Intercontinental (ICE) Shares Rise 8% YTD: More Room to Grow?