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Up 1,300% Over the Past Decade, This S&P 500 Stock Is Now on Sale

TheMotleyFool

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Up 1,300% Over the Past Decade, This S&P 500 Stock Is Now on Sale

Outperforming the stock market with bonds might sound impossible over the long term. However (allowing for a little creative license), it's been entirely possible to do just that by investing in fixed-income exchange MarketAxess Holdings (NASDAQ: MKTX), a unique way to gain exposure to and profit from bonds.

With bonds moving more and more into the world of electronic trading, MarketAxess' stock has risen about 1,300% over the past decade. Fueled by its Open Trading platform, the company has built an exchange that grows stronger with each new trader it adds, a classic network effect.

Source Fool.com

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