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Quarterly profits were up 55%. It's a possible takeover target. Is it a good option for investors?
optionsXpress (NASDAQ:OXPS) reported better-than-expected quarterly earnings, thanks to a 55% increase in quarterly profits. Is optionsXpress a good option for investors? Is it a possible takeover target for bigger brokerages like Charles Schwab (NASDAQ:SCHW), TD AMERITRADE (NASDAQ:AMTD), or E*Trade (NASDAQ:ETFC)? In this installment of "Fool Video," Motley Fool Managing Editor LouAnn DiCosmo asks Motley Fool analyst and optionsXpress shareholder Tim Hanson.
Tim owns shares of optionsXpress, but none of the other companies mentioned. Lou doesn't own any of the companies mentioned. The Fool has a disclosure policy.