We came across a bullish thesis on Intercontinental Exchange, Inc. on Ridire Research’s Substack. In this article, we will summarize the bulls’ thesis on ICE. Intercontinental Exchange, Inc.'s share was trading at $156.94 as of December 1st. ICE’s trailing and forward P/E were 28.65 and 20.83 respectively according to Yahoo Finance.
[caption id="attachment_919987" align="aligncenter" width="750"]Image: flickr.com[/caption]
Intercontinental Exchange (ICE) operates with one of the strongest moats in financial infrastructure, combining its NYSE...
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