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Sunday, July 03, 2005

New Addition: The Nasdaq Company (NDAQ)

My latest purchase was in the Nasdaq company (NDAQ). They make money when stocks list on their exchange. I think this is good speculative growth stock right now that could easily drop from $19 to $14 if the market turns sour. I am prepared to buy down in this stock if I have to. I have no target price for this stock because it trades at such a high multiple. This is a long term investment in stocks choosing to go public on the Nasdaq. Usually companies with exciting growth prospects list on the Nasdaq. For more information on the Nasdaq company you can visit nasdaq.com in the investor relations section.

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