1 Under-the-Radar Growth Stock to Buy and Hold
There is a lot of buzz about fintech stocks, and these days, it's mostly not good. But there is a fintech that has flown under the radar for years despite posting consistently strong results. The company is called Tradeweb Markets (NASDAQ: TW) and it is one of the earliest fintechs, having been around since 1996.
Tradeweb is an electronic trading platform for fixed income, derivatives, money markets, exchange-traded funds (ETFs), and equities, among others, for institutional, wholesale, and retail traders. It is one of the biggest players in its sector and has been gaining market share. Here's why this long-established but little-known fintech is a growth stock to consider.
Tradeweb Markets was among the earliest fintechs when it opened in 1996, introducing a platform to modernize trading in U.S. Treasuries. Since then, it has expanded into one of the largest fixed-income trading marketplaces in the country, particularly for Treasuries.
Source Fool.com
