Here's Why Interactive Brokers Group, Inc. (IBKR) is a Strong Growth Stock

Group 1: Zacks Premium and Style Scores - Zacks Premium offers various tools for investors, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to enhance investment confidence [1] - Zacks Style Scores are complementary indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score identifies undervalued stocks using ratios like P/E, PEG, and Price/Sales to find attractive investment opportunities [2] - The Growth Score focuses on a company's future prospects by analyzing projected and historical earnings, sales, and cash flow for sustainable growth [3] - The Momentum Score helps investors capitalize on price trends by assessing short-term price changes and earnings estimate shifts [3] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with the best value, growth, and momentum [3] Group 2: Zacks Rank and Stock Selection - The Zacks Rank is a proprietary model based on earnings estimate revisions, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4] - With over 800 top-rated stocks available, investors may find it challenging to select the right stocks aligned with their goals [4] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering the direction of earnings estimate revisions [5] Group 3: Company Profile - Interactive Brokers Group, Inc. - Interactive Brokers Group Inc., established in 1977 and based in Greenwich, CT, operates as a global electronic market maker and broker, executing trades across various financial instruments on over 150 electronic exchanges [6] - The company currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating potential for growth [6] - IBKR is projected to achieve year-over-year earnings growth of 18.6% for the current fiscal year, with an upward revision in earnings estimates for fiscal 2024 [6] - The Zacks Consensus Estimate for IBKR's earnings has increased by $0.01 to $6.82 per share, with an average earnings surprise of 2.1% [6][7]