Intercontinental Exchange, Inc. (ICE): A Bull Case Theory

We came across a bullish thesis on Intercontinental Exchange, Inc. (ICE) on Substack by Business Model Mastery. In this article, we will summarize the bulls’ thesis on ICE. Intercontinental Exchange, Inc. (ICE)'s share was trading at $176.53 as of May 7^th. ICE’s trailing and forward P/E were 36.55 and 26.53 respectively according to Yahoo Finance.

[caption id="attachment_1238432" align="aligncenter" width="768"] A trader on the floor of a bustling stock exchange, surrounded by a sea of monitors.[/caption]

Intercontinental Exchange (ICE) is not simply a trading platform—it is...