Intercontinental Exchange: Pull-back is a buy opportunity

Filed under: Stocks to Buy

Intercontinental Exchange, Inc.'s (ICE) stock has meandered since the buy recommendation on June 2, 2009 at a price of $115.15, but I'm reiterating my call. Here's why:

Institutional investors (IIs) have kept ICE in the 'tired stock, not broken company' category for much of the year. Near-term, IIs are concerned that uncertainty regarding U.S. economic growth -- and potential new regulations from Washington -- could weigh on trading volumes.

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Intercontinental Exchange: Pull-back is a buy opportunity originally appeared on BloggingStocks on Fri, 04 Dec 2009 17:30:00 EST. Please see our terms for use of feeds.

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