Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: CME Group - CME Group currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Price Performance - Over the past week, CME shares increased by 1.44%, while the Zacks Securities and Exchanges industry rose by 2.89% [5] - In a longer timeframe, CME shares have appreciated by 12.3% over the past quarter and 29.92% over the last year, outperforming the S&P 500, which saw declines of -7.64% and gains of 10.16% respectively [6] Trading Volume - CME's average 20-day trading volume is 2,997,252 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the last two months, 10 earnings estimates for CME have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $10.53 to $11.11 [9] - For the next fiscal year, 9 estimates have moved higher, while 1 has been revised downwards [9] Conclusion - Considering the positive price trends, strong earnings outlook, and favorable momentum score, CME Group is identified as a solid momentum pick for investors [11]

The market expects CBOE Global (CBOE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 2, 2025, might help the stock move higher if these key numbers are bett ...

Core Viewpoint - Nasdaq reported quarterly earnings of $0.79 per share, exceeding the Zacks Consensus Estimate of $0.77 per share, and showing an increase from $0.63 per share a year ago, indicating a positive earnings surprise of 2.60% [1][2] Financial Performance - The company achieved revenues of $1.24 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.14%, and up from $1.12 billion in the same quarter last year [2] - Over the last four quarters, Nasdaq has consistently surpassed consensus EPS estimates four times and topped revenue estimates two times [2] Stock Performance - Nasdaq shares have declined approximately 4.9% since the beginning of the year, while the S&P 500 has seen a decline of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.78 on revenues of $1.25 billion, and for the current fiscal year, it is $3.18 on revenues of $5.04 billion [7] Industry Outlook - The Securities and Exchanges industry, to which Nasdaq belongs, is currently ranked in the top 5% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Industry Overview - The Securities and Exchanges industry consists of companies that operate electronic marketplaces for trading stocks, stock options, bonds, and commodity contracts, generating revenues primarily from fees charged to listed companies [1] - The industry is currently ranked in the top 4% of the Zacks Industry Rank, indicating strong performance expectations over the next three to six months [2] Revenue Sources - Major revenue sources for industry players include trade execution, clearing, settlement services, listing services, and transaction fees driven by trading volume growth [4] - Additional revenue streams come from data products, financial indexes, and non-trading revenues such as market technology and information services [5] Market Growth Projections - The securities exchanges market is projected to grow at a five-year CAGR of 12.1%, reaching $49.6 billion by 2028, driven by increasing demand for investment opportunities and the adoption of cryptocurrencies [6] Company Highlights CME Group Inc. - CME Group holds a strong market position with diverse derivative product lines and is focused on strategic alliances, acquisitions, and product innovation [10] - The company offers Bitcoin and Ether options and has an expected revenue growth rate of 6.7% and earnings growth rate of 7.2% for the current year [12] Cboe Global Markets Inc. - Cboe Global Markets is expected to see transaction fee growth driven by increased trading volume, with projected organic net revenue growth in the mid-single-digit range for 2025 [13] - The company is enhancing its competitive edge through strategic acquisitions and has an expected revenue growth rate of 6.8% and earnings growth rate of 7.3% for the current year [15] Intercontinental Exchange Inc. - Intercontinental Exchange benefits from a strong product and service portfolio, particularly in energy and market data services, with strategic buyouts aiding in cost synergies [16][17] - The company has an expected revenue growth rate of 6.3% and earnings growth rate of 12.5% for the current year [18]

Nasdaq (NDAQ) shares rallied 8.4% in the last trading session to close at $71.99. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.2% loss over the past four weeks.The surge in price reflects investors' optimism on the announcement of a 90-day pause on tariffs imposed by President Trump on most countries, though a 10% tariff stays in place. Major stock exchanges witnessed surge yesterday given market volatil ...

Company Overview - IntercontinentalExchange (ICE) shares increased by 3.4% to close at $156.81, following a 9.9% loss over the past four weeks, indicating a recovery in investor sentiment [1] - The price surge is attributed to a 90-day pause on tariffs announced by President Trump, although a 10% tariff remains in effect [1] Growth Drivers - ICE is expected to grow due to strengths in global data services, index business, pricing and reference data, and the ICE Global Network offering [2] - The company has achieved expense synergies from strategic acquisitions, enhancing its portfolio and market presence [2] Financial Performance - ICE is projected to report quarterly earnings of $1.68 per share, reflecting a year-over-year increase of 13.5% [3] - Expected revenues for the upcoming quarter are $2.44 billion, which is a 6.6% increase from the same quarter last year [3] Earnings Estimates - The consensus EPS estimate for ICE has been revised 0.8% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [5] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [5] Industry Context - ICE operates within the Zacks Securities and Exchanges industry, where CME Group (CME) is another key player, recently closing at $254.13 with a 0.4% decline [5] - CME's consensus EPS estimate has increased by 2.2% to $2.70, representing an 8% year-over-year change, and it holds a Zacks Rank of 1 (Strong Buy) [6]

Nasdaq (NDAQ) shares are trading at a discount to the Zacks Securities and Exchanges industry. Its price-to-earnings of 23.4X is higher than the industry average of 24.12X.With a capitalization of $43.8 billion, Nasdaq has been successful in maximizing opportunities as a technology and analytics provider and growing core marketplace business. Its focus on market technology and information services helps businesses explore vast opportunities that are in line with its developmental strategies.Image Source: Za ...