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Intercontinental Exchange: An Overlooked Stock With Solid Long-Term Potential
Summary
- ICE has attractive revenue streams that benefit the company in both good and bad market environments.
- It has seen good EPS growth in recent quarters, but with an important caveat for most recent Q2 earnings.
- ICE offers upside potential for long-term investors when valued using DCF analysis, but looks fairly valued to slightly overvalued when compared against historical multiples.
Australian Finance and Accounting Graduate and CFA Level 1 candidate. Interested in medium to long term investments in macroeconomic themes.
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