IBKR - Looking for Opportunities Beyond Artificial Intelligence (AI)? 1 Unstoppable Stock to Buy Now
2024-07-19 05:31:00 ET
Artificial intelligence (AI) stocks have been the center of attention for the past year, and for good reason. Nvidia , for example, has delivered a whopping return of more than 160% during the past 12 months alone on the back of soaring demand for its AI data center chips.
But investors shouldn't forget about the rest of the market, because there are plenty of opportunities beyond AI. Interactive Brokers (NASDAQ: IBKR) is one of the world's largest online financial brokerages, and its business is benefiting from both higher stock prices and higher interest rates.
Interactive Brokers stock is up almost 50% this year, but it's still cheap based on one traditional valuation metric. Here's why it's a buy now.
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Looking for Opportunities Beyond Artificial Intelligence (AI)? 1 Unstoppable Stock to Buy Now