Nasdaq Will Keep On Winning In The 2020s

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About: Nasdaq, Inc. (NDAQ), Includes: CBOE, CME
by: Ian Bezek
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Summary

Nasdaq, like many stock exchanges, is making new highs as the year concludes.

Despite that, the stock is still reasonably priced.

Nasdaq can handle technological change.

As you may know, I'm a fan of stock exchanges. Businesses with high profit margins, strong network effects, and low marginal costs for additional revenue growth tend to deliver market-beating results over time. Generally, people