Marex Group
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Marex Group
3 Reasons, why I currently find the Marex trading platform interesting for an entry!
Marex has a moderate P/E ratio of 11 paired with a profit growth of 25%.
Marex has several growth drivers including the new "Prime Services" area.
Reading Time: 2 minutes
The Marex Group, based in London, provides companies easy access through its trading platform for those looking to trade in the commodity and financial markets. I discussed the stock at $27 just over a year ago. After a run to $50, it has consolidated in recent months and is now presenting an ideal entry point. Why? Technical buy signal: The stock generated a new buy signal on January 16 after analysts from TD Cowen and Piper Sandler raised their price targets to $55 and $61 respectively. With the breakout at $40, a trend-following strategy...
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