Ian Fung
SS&C Technologies Holdings Inc.
SSNC-Q
PAST TOP PICK
Feb 21, 2020
(A Top Pick Jun 06/19, Up 12%) They are financial services software for compliance. He likes their recurring revenue. As there is much consolidation going on in the industry, there is a need for increased efficiencies and their products provide that. They had an earnings stumble last summer, but it has since recovered after changing out some key management personnel.
They provide software for financial services companies – everything the large ones need. They have 97% retention of clients. It is almost not worth these companies leaving their services. (Analysts’ price target is $73.62)
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.
(A Top Pick Jun 06/19, Up 12%) They are financial services software for compliance. He likes their recurring revenue. As there is much consolidation going on in the industry, there is a need for increased efficiencies and their products provide that. They had an earnings stumble last summer, but it has since recovered after changing out some key management personnel.