1/10/2024, 4:59:02 pm

RBC Has a New Play for Investors: ‘Go Long on US Exchange Stocks’

RBC analyst Ashish Sabadra sees opportunities in US exchange stocks, citing their high-quality business models, solid moats, high margins, and robust free cash flow, driven by increased allocation of global investments, capital markets activity, and regulatory complexity. However, beyond serving as platforms for transactions, stock exchanges are corporate entities in their own right.