Should You Retain Nasdaq (NDAQ) Stock in Your Portfolio?

Published on 30 May 2024 on Zacks via Yahoo Finance

Should You Retain Nasdaq (NDAQ) Stock in Your Portfolio?

Nasdaq Inc. NDAQ has been gaining momentum on the back of its impressive organic growth, ramping up of on-trading revenue base, strategic buyouts to capitalize on growing market opportunities and effective capital deployment.

Optimistic Growth Projections

The Zacks Consensus Estimate for Nasdaq’s 2024 revenues is pegged at $4.60 billion, implying a year-over-year improvement of 18.2%.The consensus estimate for 2025 earnings per share and revenues indicates an increase of 12.8% and 7.1%, respectively, from the corresponding 2024 estimate.NDAQ’s bottom line has grown 12.7% in the past five years, better than the industry average of 9.8%.

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Should You Retain Nasdaq (NDAQ) Stock in Your Portfolio?

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Should You Retain Nasdaq (NDAQ) Stock in Your Portfolio?