Nasdaq Vs. Intercontinental Exchange: Better Stock To Buy
Summary
- Nasdaq and ICE are world’s two largest exchanges with the highest share of the market cap of listed companies with 23.4% for the NYSE and 22.8% for Nasdaq’s exchanges.
- We compared the contribution of the exchange related transaction revenues to both companies with ICE having a larger segment than Nasdaq.
- We also compared the growth of the data analytics and information services businesses of both companies with ICE growing rapidly.
- Lastly, the profitability and financial position of both companies were analysed with ICE having the highest margins and stable financial position.
- The companies are valued by DCF to obtain an upside of 15.44% for ICE and 3.93% for Nasdaq.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of ICE, NDAQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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