Defence contractor has long been hampered by low-margin legacy contracts, but management is turning this “FTSE. Just 3% of revenue at the today comes from stock trading. Instead, it become a “financial data powerhouse”, with information services now accounting for more than 70% of revenue. Financial technology companies command higher valuations than more traditional exchanges, while a burgeoning partnership with Microsoft could prove “transformational” . Shares in AI-semiconductor specialist tripled last year, but it’s not too late to get on board. On 25 times forward earnings, the shares aren’t as pricey as they first appear given fast rising earnings and a formidable market position .
