Topic: How To Invest

What is Pat’s commentary for the week of December 15, 2020

Article Excerpt

Broadridge is far from a household name, except in households where most members work in the investment business. Since Automatic Data Processing (symbol ADP on Nasdaq) spun it off in 2007, the company has become a key provider of services to financial, brokerage and wealth management firms. We added Broadridge to our recommendations in the February 2008 issue of Wall Street Stock Forecaster as a buy at $22 a share. The stock is now up 565.9% for our subscribers. Even in the face of the pandemic, Broadridge has handed investors a 53.4% gain over the last two years. We see several reasons why it can go even higher. I asked our Successful Investor research department to draw up this Inner Circle Spotlight report on the stock. It explains why we think Broadridge remains a high-quality buy with huge growth potential for our members. We hope you enjoy and profit from it. Now is a good time for me and all my associates to say…