Corner of Berkshire & Fairfax Message Board

General Category => Investment Ideas => Topic started by: muscleman on November 11, 2019, 09:26:14 AM

Title: NDAQ - NASDAQ inc
Post by: muscleman on November 11, 2019, 09:26:14 AM
What I like about its fundamentals
1. Reasonable P/E ratio. Great moat. Seems to fit the good quality reasonable price stock set that Buffet likes.
2. The recent 0 commission broker war will cause trading volumes to surge.
Title: Re: NDAQ - NASDAQ inc
Post by: Okonomen on November 11, 2019, 12:01:38 PM
Agree that these biz models are very moaty. However, I don't see any short term/momentary headwinds that are causing the shares to be undervalued? Nasdaq doesnt look cheaper than peers anyway when you compare ev/ebitda for example. They trade pretty much in-line, so they look like strong companies but not necessarily good investments