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Pullbacks in Interactive Brokers (IBKR) are, in my opinion, buying opportunities, as growth continues to be driven by new products, international expansion, and advantages in automated trading systems. The missed earnings expectations are likely to only present a temporary burden. The first quarter delivered records in revenue, pre-tax profit, and with a net addition of 279,000 new accounts, also in customer growth. The industry-leading adjusted pre-tax margin has remained above 70% for eight consecutive quarters. The cryptocurrency offering...
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