Analysts expect this 17.37% annual growth over the next five years for this financial market company.
OTC Markets Group Inc. (OTCM)
From Positive Patterns
I like OTC Markets Group Inc. (OTCM) for its upside potential, because I believe in capital markets, and OTCM has been innovative at building future-opportunity for itself in the capital/trading markets.
This is a stock that has held up very well in this correction. OTCM made new all-time highs just three weeks ago. OTCM broke out of the old highs and did it on heavy volume and now is pulling back on light volume.
Especially below $32, this is a good buy with plenty of upside. But it’s a buy/keep for the long haul—a be patient type of story. This is almost a royalty thing like Franco-Nevada (FNV) or Texas Pacific Land Trust (TPL).
One fast growing part of OTCM is its data/business, where revenues are showing impressive gains. I think this could make for a very rewarding long-term holding.
Bob Howard, Positive Patterns, P.O. Box 310, Turners, MO 65765, 417-887-4486, November 2018