Free cash flow? Check. Growth? Check. Attractive valuation? TBD... [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED [NOW is the Moment You've Been Waiting For]( On October 19th, a historic unveiling in Orlando, FL could reshape the stock market and create a once-in-20 years investment opportunity. [Learn more here]( (incls. free stock ticker.) [THE VALUE METER]( [Is It Time to Invest in This Derivatives Marketplace?]( [Jody Chudley, Contributing Analyst, The Oxford Club]( [Jody Chudley]( Securities exchanges are incredible businesses. Perhaps none more incredible than CME Group (Nasdaq: CME). CME Group is the world's leading derivatives marketplace. The company owns four major securities exchanges: - CME: Chicago Mercantile Exchange
- NYMEX: New York Mercantile Exchange
- CBOT: Chicago Board of Trade
- COMEX: Commodity Exchange. Together, these four securities exchanges let CME Group churn out massive amounts of free cash flow. Free cash flow is the amount of money that a business generates after paying all expenses, including reinvesting in growth for the future. Free cash flow can be used to pay dividends, buy back shares, make acquisitions or improve the corporate balance sheet. Last year, on $5 billion in revenue, CME Group was able to generate almost $3 billion in free cash flow. That means CME Group had a free cash flow margin of almost 60%! That is just bonkers! For perspective, a free cash flow margin of 10% to 15% is generally considered very good. Even the megacap technology companies that dominate the S&P 500 today hit free cash flow margins of only about 20%. CME Group's free cash flow margin is so strong because the business requires very few people and very little equipment. Despite generating $5 billion in revenue last year, CME Group had only 3,460 employees. That means CME Group generated more than $1.4 million per employee. Clearly, CME Group has a lot going for it... but is the company worth investing in at current prices? [REVEAL CME'S VALUATION]( [Investment U Conference 2024 at the Ojai Valley Inn & Spa in Ojai, California. Don't miss out!]( SPONSORED [The No. 1 Rebound Stock of 2023?]( One of the most talked-about stocks of 2023 is set to [take off any day](. You can grab shares for less than $5... But likely not for long. [Find out why](. RECOMMENDED LINKS [One Potentially Explosive Stock That Alexander Green Just Discovered Has Seen Five-Year 2,000% Revenue Growth, Enjoys 70% Gross Margins and Sports a Debt-Free Balance Sheet, yet Still Trades Under $10. He's Calling It the "Next Great American Super Stock." (Click for Details.)]( [Get Marc's Top 5 Dividend Stocks (FREE PICKS)]( MORE FROM WEALTHY RETIREMENT [Image of a pipeline with EOG Resources written on the side of it]( [EOG Stock: Can Income Investors Stay Lucky With This Dividend Payer?]( [Image of the Fitch Ratings building]( [What America's Debt Downgrade Means for Investors]( [Image of a battle scene]( [A Battle-Tested (and Proven) Investment Strategy]( [Image of New York City]( [How to Buy a Sports Franchise for Around $200]( [Facebook](
[Facebook](
[Twitter](
[Twitter](
[Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AFree cash flow? Check. Growth? Check. Attractive valuation? TBD...%0D%0A%0D
[Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AFree cash flow? Check. Growth? Check. Attractive valuation? TBD...%0D%0A%0D
[Push Alert](
[Push Alert]( SPONSORED [WATCH NOW: Multimillionaire Trader Wows Thousands With "One Ticker Payouts" Demonstration]( [One Ticker Payout]( Research found that smart investors could have made top gains of... - 443% in 11 days
- 89% in 11 days
- 543% in nine days
- 88% in seven days. All by trading just one ticker every week! Sound preposterous? [SEE THE PROOF HERE]( [The Oxford Club]( You are receiving this email because you subscribed to Wealthy Retirement.
Wealthy Retirement is published by The Oxford Club.
Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. [Privacy Policy]( | [Whitelist Wealthy Retirement]( | [Unsubscribe]( © 2023 The Oxford Club, LLC All Rights Reserved
The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#)
North America: [877.808.9795](#) | International: [+1.443.353.4621](#)
[Oxfordclub.com]( Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.