From Nasdaq: 2024-05-30 07:58:00

Nasdaq Inc. (NDAQ) is experiencing growth due to its organic growth, increased trading revenue, strategic acquisitions, and capital deployment. Analysts project a 2024 revenue increase of 18.2%. NDAQ’s ROE is 17%, beating the industry average of 13.1%. The company aims for 5-7% long-term growth from non-trading revenue.

Stocks like Coinbase Global (COIN), BrightSphere Investment Group Inc. (BSIG), and T. Rowe Price Group, Inc. (TROW) are rated as Zacks Rank #1 (Strong Buy). COIN and BSIG have shown impressive earnings growth, with estimates for 2024 and 2025 on the rise. TROW also has solid earnings growth potential.

A research chief has identified a top stock pick expected to double, targeting millennial and Gen Z audiences with nearly $1 billion in revenue last quarter. The company is poised for explosive growth potential, making it a strong contender for investment consideration.

Read more at Nasdaq.: Should You Retain Nasdaq (NDAQ) Stock in Your Portfolio?