ICE Stock Trades Near 52-Week High: Time to Add it for Better Returns?

Shares of Intercontinental Exchange Inc. (ICE) traded near its 52-week high of $179.44 on May 22. This proximity underscores investor confidence. It has the ingredients for further price appreciation. Shares closed at$174.00 after gaining 16.8% year to date, outperforming the industry, the sector and the Zacks S&P 500 composite in the same time frame.Intercontinental Exchange has outperformed its peer, Nasdaq, Inc. (NDAQ) , while it underperformed other peers, Cboe Global Markets, Inc. (CBOE) and CME Group ...