Fiserv reported strong Q3 earnings, leading to a 4% increase in stock price. The company showed impressive revenue growth and margin expansion. Fiserv also displayed continued capital allocation discipline.
Since market valuations are always changing, along with outlooks for corporate revenue and earnings, any list of favored stocks is only a snapshot. Repeating the same analysis in the near term might lead to an entirely different list of compelling names.
Fiserv reported third-quarter results Tuesday (Oct. 24) that showed a continued embrace of P2P payments and Clover's point of sale and software solutions for small and medium-sized businesses (SMBs).
Fiserv Inc (NASDAQ:FISV) reported strong 3Q earnings boosted by strong growth across all three of its major businesses. The fintech firm's expenses declined during the quarter after improved margins and a lower tax rate helped to boost the bottom line.
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