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TD Ameritrade Scores Big
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Tuesday's big score at TD Ameritrade(AMTD Quote) has investors expecting big things out of the online brokerage stocks.
Buoyed by Ameritrade's 69% rise in fiscal first-quarter profit, shares in rival E*Trade(ETFC Quote) rose Tuesday. Fans are betting the online trader will match Ameritrade's gains when it reports quarterly earnings later this week.
The news comes as Wall Street takes another look at the sector, which has languished over the last five years. Until recently, small investors had lost their taste for the market as stocks flatlined and real estate prices soared. ...
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