Darren SissonsIntercontinentalexchange Inc.ICETOP PICKDec 08, 2025

50% of revenues are recurring, and they continue to diversify.

The financial exchange sector has done well. It has nearly doubled in price over the past two years. It is again consolidating, but has made new recent highs. For the trend to continue you need to see it trade above $77 by October. As a holder, $71 is a stop.

It is a nice financial stock that is not tied to interest rates. As markets go up, you get more trading activity. They have been doing well. She likes it and they have more growth than traditional banking financials. It is a hold because of instability of earnings.

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).

(Top Pick Nov 17’14, Up 12.15%) They generate a lot of free cash flow. They have de-levered. They benefit from rates.

(Top Pick Nov 17/14, Up 8.73%) A well run company that benefits from volatility. Revenues are more reliant on data services and not so much on trading volumes.

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.