Warm Up to ICE
IntercontinentalExchange (ICE) went from almost unknown to very famous this week when it agreed to buy NYSE Euronext (NYX), the venerable owner of the New York Stock Exchange.
This remarkable company has only been publicly traded since November of 2005. ICE has posted admirable results over the past seven years. Its snapshot valuation picture is shown below. ICE's electronic trading platform allows for low overhead and very good net profit margins. The company is almost debt-free....303 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.
