Bull’s Eye Report: Fiserv Inc (FISV)

A pullback to $80 would be the ideal entry for this trade

   

At StateoftheMarkets.com, we strive to “own the best and ignore the rest” in our equity portfolios. Toward this end, each day we search our database for a “top stock” (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical “set up” and a good entry point.

In short, when our equity team is looking to add a stock to one of our portfolios, the “bull’s eye” stock shown below is generally their first choice.

Company Symbol Industry Stock Rating YTD% Gain S.T.
Stop Loss
Fiserv Inc FISV Data Processing & Outsourced Services 7.8 -0.53% $78.99

Why We Like The Stock:

Fiserv Inc (NASDAQ:FISV) is our most compelling buy today due to the fact that it is a top rated stock in a hot sub-industry, data processing. Along with other data processing stocks like Fidelity National Information (NYSE:FIS), Alliance Data Systems (NYSE:ADS), and ACI Worldwide (NASDAQ:ACIW), Fiserv has been trending higher since the beginning of 2012. The stock has been making new all-time highs on each leg up, which allows for a very high potential upside trade. Currently, the stock has pulled back modestly and sits at a decent entry point, with a clear stop at $78.99. Since November, the stock has been rallying steadily when it crosses above its short-term moving averages. We like FISV at this price for a low-risk, potentially high-reward trade.

We Would Be Buyers:

At the current price (~$80.86), or on a pullback to $80.00.

Company Profile:

Fiserv, Inc.  is a global provider of financial services technology. The company serves banks, thrifts, credit unions, investment management firms, leasing and finance companies, retailers, merchants and government agencies. It provides account processing systems, electronic payments processing products and services, such as electronic bill payment and presentment, card-based transaction processing and network services, automated clearing house (ACH) transaction processing, account-to-account transfer products and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services. It also owns a 49% interest in StoneRiver Group, L.P., which is consisted of its former insurance businesses. In January 2013, the Company acquired Open Solutions Inc.

Stock Rating:

The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 – 10 with 10 being the highest.

Fiserv Inc. – Last Three Months

fisv 1 300x168 Bull’s Eye Report: Fiserv Inc (FISV)
Click to Enlarge

Fiserv Inc. – Last 12 Months

fisv 2 300x168 Bull’s Eye Report: Fiserv Inc (FISV)
Click to Enlarge

Fiserv Inc. – Last Five Years

fisv 3 300x168 Bull’s Eye Report: Fiserv Inc (FISV)
Click to Enlarge

At the time of publication the editor and affiliated companies own the following positions: FISV

Note: Positions may be bought or sold while this publication is in circulation without notice.

Looking for more top-rated stock ideas? Check out our Focus List – The Focus List is your own private research department. Each day, we identify the top rated stocks in the top sectors that also present solid entry points from a technical perspective.


Article printed from InvestorPlace Media, http://investorplace.com/247trader/bulls-eye-report-fiserv-inc-fisv/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.