Interactive Brokers' Stock Split: Time to Buy Shares?
A stock split does not change anything about the underlying business fundamentals of a stock, and yet, stock-split stocks tend to outperform over the 12 months following a split. This makes them interesting to pay attention to. One under-the-radar stock split that occurred this month is Interactive Brokers (NASDAQ: IBKR), performing a 4-to-1 split on its common shares. The technology-focused investing brokerage has grown users, revenue, and earnings at an impressive rate in the last 10 years, with customers drawn to its advanced trading platform. Does this make the stock a perfect buy for investors right now? Let's take a closer look at why Interactive Brokers is a winning stock to add to your portfolio.Interactive Brokers is an advanced trading platform that brings professional service to the masses. By enabling its customers to trade virtually any foreign market, currency, bonds, futures, and more, the brokerage has built up a better value proposition than traditional brokerages, even online-focused ones. It has an easy-to-use mobile application as well as more advanced trading tools, helping it cater to the more sophisticated individual investor as well as professional investors and hedge funds. It does all this at a reasonable price, including free stock trading on its IBKR Lite platform.Continue reading
A stock split does not change anything about the underlying business fundamentals of a stock, and yet, stock-split stocks tend to outperform over the 12 months following a split. This makes them interesting to pay attention to. One under-the-radar stock split that occurred this month is Interactive Brokers (NASDAQ: IBKR), performing a 4-to-1 split on its common shares.
The technology-focused investing brokerage has grown users, revenue, and earnings at an impressive rate in the last 10 years, with customers drawn to its advanced trading platform. Does this make the stock a perfect buy for investors right now? Let's take a closer look at why Interactive Brokers is a winning stock to add to your portfolio.
Interactive Brokers is an advanced trading platform that brings professional service to the masses. By enabling its customers to trade virtually any foreign market, currency, bonds, futures, and more, the brokerage has built up a better value proposition than traditional brokerages, even online-focused ones. It has an easy-to-use mobile application as well as more advanced trading tools, helping it cater to the more sophisticated individual investor as well as professional investors and hedge funds. It does all this at a reasonable price, including free stock trading on its IBKR Lite platform.
