Brokerage firm TD Ameritrade (AMTD) gets a strong overall ranking of 93 from InvestorsObserver’s Stock Score Report. The stock has been a top performer over the last year, and not only avoided the recent market sell off, but shares are currently trading just pennies below their all-time high. Higher interest rates have spooked the market, but for brokerage firms like TD Ameritrade, higher rates are a good thing. The company invests client deposits in short-term fixed income assets until needed for trading, so higher interest rates lead to higher interest income and strong profits for the company. The company has grown earnings by 9.4% per annum over the last five years, but analysts predict average annual earnings growth of 28.0 over the next five years. AMTD is trading at $58.65, versus an average price target of $66.00.
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