Jenny Harrington, CEO, Gilman Hill Asset Management
Fiserv, Inc.
FI-Q
BUY
Jul 23, 2025
Is buying more. She bought this 12 years ago. Trimmed it last February at $230 when it was priced for perfection. It reported today and is down 16%, but is trading at a lower 12x PE. They reduced sales guidance to 10% but from 10-12% and affirmed earnings guidance at 15-17%. All their businesses have huge growth, and a 7% free cash flow yield overall. They delivered double-digit earnings growth for 40 straight years. A permanent compounder.
(A Top Pick Dec 29/22, Up 13.3%)Stockchase Research Editor: Michael O'Reilly
Our PAST TOP PICK with FI has triggered its stop at $115. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 15%, when combined with our previous recommendations.
Is buying more. She bought this 12 years ago. Trimmed it last February at $230 when it was priced for perfection. It reported today and is down 16%, but is trading at a lower 12x PE. They reduced sales guidance to 10% but from 10-12% and affirmed earnings guidance at 15-17%. All their businesses have huge growth, and a 7% free cash flow yield overall. They delivered double-digit earnings growth for 40 straight years. A permanent compounder.