quantic69
Shares of Tradeweb Markets (NASDAQ:TW) have delivered a total return of 42% since my initial Buy recommendation, Tradeweb Reports Strong Q3 Results: Initiating A Strong Buy, was published on October 27, 2023.
The move higher in the stock
Tradeweb: The Bull Case Remains Intact Following Strong Q4 Results
Summary
- Tradeweb Markets shares have surged 42% since my initial Strong Buy recommendation.
- TW reported Q4 earnings which beat consensus estimates.
- TW's valuation premium relative to the S&P 500 and peers has decreased since the time of my prior piece.
- Investors should continue to monitor the threat of increasing competition.
- I am re-iterating my Strong Buy rating on the stock.
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