Even If the Stock Market Crashes, I'm Not Selling MarketAxess Holdings

Over the past two decades, the internet has transformed nearly every aspect of business. If only there was a way to go back in time and buy shares of a company leading that transformation. In some ways, MarketAxess actually is that time machine.

Fixed income, otherwise known as bonds, has historically been an inefficient manual process with traders settling on a price over the phone. It's a huge market, and MarketAxess is bringing it into the 21st century with its electronic bond trading platform. That trend, along with pristine financials and management's approach to capital allocation, are why I won't sell my position no matter how far the market falls. 

Image source: Getty Images.

Continue reading


Source Fool.com