Introduction
Cboe Global Markets (CBOE) operates the largest options exchange and the third largest stock exchange in the US. In addition, it operates a stock exchange in Europe. The stock's performance has been lackluster over the last year, but I believe it is now well-positioned to outperform.
The company has a 1.5% dividend yield while you wait. If the company executes well, I believe the stock can rise to $125 for more than 25% upside from the current $98 level.
Company background
The company is headquartered in Chicago and has five business segments: