Your 3,075% gain is just a start with this leader

Article Excerpt

One of our long-time favourites, Fair Isaac, keeps hitting all-time highs for investors. It has jumped 76.2% over the last year alone, and it’s up a whopping 3,075% since we first recommended it in February 1999! The company’s core business of credit scores continues to thrive. But it’s also adding more software programs that help credit-card issuers reduce fraud and analyze (and capitalize on) the spending patterns of cardholders. Another important new area is anti-money laundering systems—something banks and financial institutions worldwide need in order to meet increasingly strict compliance standards. Meanwhile, Fair Isaac is spending a high 13% of its sales on research to stay ahead of the competition—including adding artificial intelligence (AI) to its programs. This lets it spot new threats by using the vast amounts of data from all of its customers to detect if individual credit-card holders deviate from typical spending or logging-in patterns. We think the company has lots of growth ahead and its share price will move…