Putting Your Capital on ICE
From this analyst's perspective, the way to play this news is to buy some shares of NYX on any pullback. Since the news on NYX's intention to spin off Euronext in an IPO, shares have traded as low as $33.36. That's where I'm placing a buy-limit order and I encourage you to choose a limit price that suits you.
Wednesday's earnings report by ICE may offer some surprises for investors and more insight into how the future will unfold as this company becomes a powerhouse in the world of investments. Speculators may want to begin accumulating shares after ICE spills its beans and demonstrates why "ICE is nice"!
At the time of publication the author had no position in any of the stocks mentioned.
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