SlavkoSereda/iStock via Getty Images Investment Thesis StoneX Group (NASDAQ: NASDAQ: SNEX ) continues to be a compounder of capital by growing revenues and earnings consistently for the past few years. With high returns on equity and a well diversified business, StoneX continues to surprise me with its resilient growth and attractive long-term growth opportunities. Even at fair valuations, I believe the stock is still attractive given its track record of compounding capital and high ROEs.
To me, StoneX seems like a wonderful business at a fair price which leads me to rate the stock as a buy. Company Overview StoneX aims to connect their clients to whatever markets they need to manage risk, trade strategically for opportunities, and handle their operational business needs. Their strategy according to their annual report is "to be the one trusted partner to our clients, providing our network, product and services to allow them to pursue trading opportunities, manage their market risks, make investments and improve their business performance".
The company separates itself into four segments: Commercial, Institutional, Retail, and Global Payments according to the annual report. With "more than 54,000 commercial, institutional, and global payments clients, and over 400,000 retail accounts located in more than 180 countries", StoneX has a track record of providing value to all kinds of clients by helping them trade more efficiently and strategically. Commercial segment refers to "a.
