12 Best Fundamental Stocks to Buy Now

7. Intercontinental Exchange, Inc. (NYSE:ICE)

Number of Hedge Fund Holdings: 84

10-Year Revenue Growth Rate: 12.47%

10-Year Net Income Growth Rate: 16.73%

Intercontinental Exchange, Inc. (NYSE:ICE) owns and operates the New York Stock Exchange (NYSE) and offers data services, analytics, and solutions for risk management. The company serves a diverse clientele that includes financial institutions, corporations, and government entities.

Intercontinental Exchange, Inc. (NYSE:ICE) is investing in its commodities business, which has seen significant expansion in recent years. The company’s global commodities platform provides a network of diverse, liquid, and interconnected markets, enabling customers to manage their energy price risk and capitalize on new opportunities. The company believes it is well-positioned to benefit from the growing demand for energy, particularly in non-OECD countries, where energy consumption is expected to double over the next 25 years.

In addition to its energy business, Intercontinental Exchange, Inc. (NYSE:ICE) is also investing in its mortgage technology segment, which provides a range of solutions for the U.S. mortgage industry. The company’s recent acquisition of Black Knight has enabled it to offer a comprehensive platform that spans the entire mortgage lifecycle, from origination to servicing.

Intercontinental Exchange, Inc. (NYSE:ICE) is also focused on developing new partnerships and collaborations. The company’s recent partnership with MarketAxess is expected to enhance its liquidity pool and client value proposition in the fixed-income space. Intercontinental Exchange, Inc. (NYSE:ICE) is also investing in new technologies, such as artificial intelligence and machine learning, to improve the efficiency and effectiveness of its platforms.