Jim Cramer Looked At These 23 Stocks Recently

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

Number of Hedge Fund Holders: 91

Cramer mentioned that he liked Intercontinental Exchange, Inc. (NYSE:ICE) as he said:

“To prove that the theme isn’t just recession, financials are the third best-performing sector and we know this group has a hefty reliance on credit, which sours in a recession.… The third finance name, Intercontinental Exchange (ICE) owns this, the New York Stock Exchange as well as a host of commodity exchanges. I really like that stock. None of these have any real credit risks, one of the reasons why I like them, but their financials nonetheless, and the bank stocks are acting much better than expected even if they’re not at the top of the heap.”

Intercontinental Exchange (NYSE:ICE) provides technology and data services to financial institutions, corporations, and government organizations. It specializes in regulated marketplace technology, fixed-income pricing and analytics, and digital platforms related to mortgages.

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