Tradestation: Buy Rating
It's been a good year for companies that cater to active-traders.Customers that trade on intraday information - one-minute, five-minute and 10-minute charts - need strategies that trigger buy and sell orders throughout the day.
Traditional online brokerages don't always meet the needs of institutional and individual traders.
Fortunately, there is Tradestation (TRAD), which we feel is the best trading platform on the market right now.
As of 3Q numbers, TRAD has over 20,000 clients; the company is growing on all fronts and booking more and more "smart money" big ticket investors.
If TRAD can catch the attention of Wall Street's big firms, contracts will pour in and hit TRAD's bottom line like a ton of bricks.
With the stock trading at $12, we're issuing a buy rating and $17 price target.
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