"Interactive Brokers Group, Inc.(NASDAQ: IBKR) is based in Connecticut and has offices across the world. It has been around for five decades and offers trading services for stocks, bonds, options, futures, crypto, currencies, gold, and more. The company has a strong global presence and is well positioned for international expansion. It has a reach across 36 countries and operates in 28 currencies. About 80% of its customers reside outside of the U.S., giving it a solid position in the global market. Interactive Brokers completed a 4-for-1 stock split this June, after a massive multiyear run. It was the first split since going public in 2007."
"Since it operates electronically, it manages to keep the costs down and generate a solid profit margin. It is a pure-play brokerage business that runs on automation. As a result of the business structure, IBKR enjoys the best in-class profit margins. Strong fundamentals have boosted the stock's valuation, and it could continue soaring in the near term."
Stock splits do not change company fundamentals but can make shares more affordable and attract demand that helps build wealth. Interactive Brokers completed a 4-for-1 split in June after a multiyear run and the first split since going public in 2007. The firm operates electronically across 36 countries in 28 currencies, with roughly 80% of customers outside the U.S., positioning it for international growth. The automated, low-cost structure yields excellent profit margins for a pure-play brokerage. Strong fundamentals and a solid global footprint support a bullish outlook and make the stock a candidate for new investments with $2,000.
Read at 24/7 Wall St.
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