In Stormy Market, This Stock Provides One Option For Investors. And Wall Street Is Buying In.
Investor's Business Daily · MATTHEW GALGANI ·
VIX owner and options pioneer Cboe navigates rocky path to two buy zones.
As the S&P 500 and Nasdaq composite remain mired below their 50-day moving averages, Cboe Global Markets (CBOE) offers one way investors might take advantage of this turbulent market. The owner of the Cboe Volatility Index, known as the VIX, has carved out a rocky path to two buy points.
Showing demand for shares of Cboe stock, the options market giant sports a B+ Accumulation/Distribution Rating and a 1.3 up/down volume ratio. Cboe also earns a spot on the latest monthly list of new buys by the best mutual funds. This new report comes out on Friday.
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