IntercontinentalExchange Offers Future Upside
Trading of futures and over-the-counter commodities contracts is a specialized market. Because it's more for professionals than for individuals, IntercontinentalExchange (ICE) has less visibility than the NYSE or Nasdaq. In terms of profitability, though, IntercontinentalExchange has exceeded those other exchanges by a wide margin.
IntercontinentalExchange went public on Nov, 21, 2005, at $26 per share. Those who foresaw the $2.40 in earnings per share that Intercontinental was going to post in 2006 got a real bargain. The 2006 share price topped at $113.90 on the way to an ultimate high of almost $194....340 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.