New markets will add to your 97%+ gains

Article Excerpt

Fair Isaac and Broadridge Financial are both positioned to keep doing well during the pandemic: since March of last year, Fair Isaac is up 185.3%; and Broadridge has jumped 96.8% to a new high. We think both have room to move even higher. FAIR ISAAC CORP., $493.60 (New York symbol FICO; TSINetwork Rating: Average) (www.fairisaac.com; Shares outstanding: 29.2 million; Market cap: $14.4 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 analyze spending by cardholders. For the quarter ended March 31, 2021, revenue rose 7.6%, to $331.4 million from $308.0 million a year earlier. Powered by that revenue jump, Fair Isaac earned $90.2 million, or $3.06 a share, in the latest quarter. That was up 40.3% from $64.3 million, or $2.14. In response to rising unemployment due to COVID-19, the company has…

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