These two leaders are set to hit new highs

Article Excerpt

Fair Isaac and Broadridge Financial are both positioned to keep doing well during the pandemic: since March of this year, Fair Isaac is up 167.0% to an all-time high; and Broadridge has jumped 78.0%, also to new highs. We think both have room to move higher. FAIR ISAAC CORP. $474.28 (New York symbol FICO; TSINetwork Rating: Average) (www.fairisaac.com; Shares outstanding: 29.1 million; Market cap: $13.9 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 analyze spending by cardholders. For the quarter ended September 30, 2020, revenue rose 22.6%, to $374.4 million from $305.3 million, a year earlier. Powered by that revenue jump, Fair Isaac earned $97.0 million, or $3.25 a share, in the latest quarter. That was up 59.4% from $60.8 million, or $2.01. In response to rising unemployment due to COVID-19,…

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