Is Interactive Brokers Stock a Millionaire Maker?
Financial technology investors are all over hot names like Robinhood Markets and Coinbase Global, which dominate media conversations. But there is one financial player in the brokerage space flying under the radar, and it may present an opportunity for huge long-term returns: Interactive Brokers (NASDAQ: IBKR). This institutional brokerage platform that has turned into a global retail powerhouse is convincing investors to switch to its platform in droves, leading to huge revenue and earnings growth.
Is Interactive Brokers a millionaire maker stock? Or is the $100 billion company overvalued after shares soared 400% in the last five years? Let's investigate further and let the numbers tell the story.
Interactive Brokers was born from a market-making company that wanted to use its trading technology to build a world-class brokerage. It first catered to wealthy traders and institutional investment firms but has since expanded to the masses with commission-free stock trading on its IBKR Lite accounts.
Source Fool.com
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