Interactive Brokers: AI and Crypto enhance growth potential
790,000 new customers in Q3 surpass the total of the entire last year
In the quality and growth check, we score the maximum of 15 points
Reading Time: 1 minute
The profit-taking after the Q3 results is likely due to the absence of a forecast. After all, there was a new revenue record and a milestone with over 4 million customers. I see pullbacks in the stock as a buying opportunity. I like the combination of growth in active customers and trading volumes, which have been multiplied by five year-over-year, especially in crypto. Through the partnership with Zero Hash, the offering is set to be rolled out beyond the USA and Hong Kong into Europe soon. Although central banks are lowering interest rates, the...
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