Billionaire George Soros’ Long-Term Stock Picks

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8. Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Number of Hedge Fund Holders: 52

Soros Fund Management’s Stake: $23.5 million

Interactive Brokers Group, Inc. (NASDAQ:IBKR) is an automated global electronic broker company that executes, processes, clears, and settles trades globally for both individual and institutional customers. This company presents a solid investment opportunity, supported by the following points. Firstly,  impressive financial growth was witnessed in the fourth quarter of 2024. For instance, earnings per share (EPS) was $2.03, exceeding the forecast of $1.73 and revenue reached $1.39 billion, also surpassing the anticipated $1.29 billion. In addition, the firm added 217,000 new accounts in Q4, contributing to a total of 775,000 new accounts in 2024. It serves as a positive indicator as it reflects strong customer acquisition efforts and sustained growth throughout the year. Secondly, the company has launched ForecastEx, a platform allowing clients to trade contracts based on the outcomes of major economic events, including presidential and congressional elections. Moreover, the company has introduced significant enhancements to its web-based Advisor Portal, bringing advanced trading and portfolio management tools to financial advisors worldwide. This would streamline client account management and trading by integrating powerful features from the company’s flagship desktop platform into its web-based offering.

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