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BUY Recommendation

posted Sep 29, 2009, 7:14 PM by Mohit Kumar   [ updated Sep 29, 2009, 7:15 PM ]

The market has seen a steep rise recently and the stocks are beginning to look a bit expensive. Keep diversifying and book some profits periodically. However, as always, we will not waste our time predicting the direction of the market and continue with our strategy of investing in quality stocks at regular intervals:
  • Headquarters in New York
  • Global exchange group that delivers trading, exchange technology, securities listing, and public company services around six continents.
  • In the United States it operates the NASDAQ Stock Market, a registered national securities exchange.
  • Generates revenue by listing services, global trading volume and derivatives trading.
  • Management continues to launch initiatives to strengthen its market position and develop a low cost structure.
  • Has been losing market share in US stock trading to new competitors like DirectEdge.
  • The stock may remain stressed in near term, but could strengthen as the economy recovers!
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