Broadridge Financial Services (BR)
Broadridge Financial Services (BR) helps the financial services industry communicate with clients and investors, as well as meet their increasingly complex compliance needs.
BR’s customers include a broad cross-section of the financial services industry, including retail and institutional brokerage firms, global banks, mutual funds, annuity companies, institutional investors, specialty trading firms, clearing firms, independent broker-dealers, clearing firms, and corporate issuers.
As the markets have prospered and compliance issues are becoming more complex, BR stock is prospering thanks to earnings growth of more than 70% in 2013. Analysts have continuously underestimated the company, and Broadridge has posted three consecutive positive earnings surprises.
Portfolio Grader upgraded Broadridge several times in 2013, most recently in November when it raised BR stock to an “A.” The shares remain a strong buy at the current price.