Stock price when the opinion was issued
This company runs the futures exchanges. They also own the New York Stock Exchange. They benefit from volumes and volatility, of which there has been none in the last little while. As the Fed exits QE 3 and as policy rates start to normalize, he thinks volume will come back into financial markets and this company will be the primary beneficiary. Thinks it can work through $300 in the next couple of years.
Analysts are looking at 5% revenue growth and more in earnings but he questions that. The chart looks good with higher highs and lower lows. (Analysts’ Target: $65).