Let niche financials brighten your prospects

Article Excerpt

Fair Isaac and Broadridge were well positioned to gain during the pandemic: since March of 2020, Fair Isaac is up 150.7%, and Broadridge has jumped 98.1%. We think both stocks have room to move even higher as their products continue to experience strong—and growing —demand. FAIR ISAAC CORP., $438.80, is a buy. The company (New York symbol FICO; TSINetwork Rating: Average) (www.fairisaac.com; Shares outstanding: 27.4 million; Market cap: $11.9 billion; No dividends paid) is best known for its FICO Scores software. It lets lenders make better decisions about customer creditworthiness. Through your shares, you also invest in a company that makes programs to help credit-card issuers reduce fraud and to analyze the spending of their cardholders. For the quarter ended September 30, 2021, revenue fell 10.6%, to $334.6 million from $374.4 million a year earlier. Software revenues, which include the company’s analytics and digital decision-making technology, were down 25%. That was mainly due to the sale of the Debt Collections and Recovery product line in…

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