 U.S. stocks closed broadly higher Monday as gains by some Big Tech companies helped offset a skid in oil-and-gas stocks after the price of crude had its biggest drop in more than a year.The S&P 500 rose 0.3%. The main measure of the U.S. stock market was coming off its first losing week in the l.... |
Good MorningEquity markets advanced on Monday, and the S&P 500 gained about 0.5% at the session's high as equities hovered near record highs. The last two weeks of trading days have kept the market in a tight range while earnings were released. Now, about halfway through the season, the market is ready to advance again and needs only a catalyst. That may come with earnings reports from Microsoft and Advanced Micro Devices this week, but the most significant catalyst is NVIDIA earnings, which aren't due for another month. Analysts continue to raise the bar for NVIDIA, with the consensus estimate up 500 points in October, forecasting an 80% increase in revenue.
The market faces hurdles this week. These include a trifecta of economic data, including the Q3 GDP estimate, the PCE price index, and the NFP report. GDP is due on Wednesday and is likely hot, with the GDPNow Tool tracking in the 3% range. The PCE index and labor data may also be hot, which is bad news for inflation and lower interest rates. The upshot is that solid GDP growth and labor markets underpin consumer spending, which drives the U.S. economy and will support higher stock prices. Featured: Charles Payne Wants You Prepared for Q4 (Unstoppable Prosperity) 
| Stocks | | | U.S. stocks closed broadly higher Monday as gains by some Big Tech companies helped offset a skid in oil-and-gas stocks after the price of crude had its biggest drop in more than a year.The S&P 500 rose 0.3%. The main measure of the U.S. stock market was coming off its first losing week in the l... Read the Full Story |
| From Our PartnersIf you missed it, my emergency election broadcast is now available - but will be removed soon | | | | Click here to watch it now. |
| Markets | | |
Earnings season can be a volatile period for stock ownership due to the uncertainty surrounding whether the underlying companies' results will beat or disappoint. However, there are ways for investors to gauge the trends behind certain companies, landing them on the bullish or bearish side of earn... Read the Full Story |
| Markets | | | Rallying technology stocks sent the Nasdaq composite to a record on Tuesday, but trading was mixed along the rest of Wall Street as homebuilders and Ford Motor sank following the latest profit reports. The S&P 500 rose 0.2% to inch closer to its all-time high set earlier this month, even though ... Read the Full Story |
| From Our PartnersA tiny company has found something incredible in North America: boulders worth up to $54,000 each. Contained in each is a super fuel, packed with deposits 8x richer than the global average, it may be the only deposit in the world of this caliber. With energy prices soaring, this tiny miner is set to become a major player in powering AI and beyond. | | | | Unearth this rare opportunity before Wall Street finds out what they've discovered |
| Markets | | |
Everyone, especially the Federal Reserve (the Fed), thought that inflation was a thing of the past and that it had now been tamed enough to consider a sudden shift in monetary policy. However, this is far from reality, especially when investors consider the way some of the inflation—and inte... Read the Full Story |
| Markets | | |
Alphabet (NASDAQ: GOOGL) has underperformed most of the "Magnificent 7" stocks this year, with shares up just 18.31% YTD, only outperforming Microsoft and Tesla. Legal challenges and increasing competition, particularly from AI-powered tools like ChatGPT, have raised concerns about Alphabet&rsqu... Read the Full Story |
| From Our PartnersEarlier this year President Biden signed the death warrant for America…
Executive Order 14067 will essentially cancel your money.
You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar... | | | | Get your free information kit NOW, before it's too late. |
| Markets | | |
Global financial services provider American Express Inc. (NYSE: AXP) reported solid results for its third quarter of 2024 that were met with a sell-the-news reaction. While the company did beat and raise guidance, some soft spots shook investors. The bar was set high heading into earnings, with it... Read the Full Story |
| Markets | | |
Cameco (NYSE: CCJ) is the leading player in nuclear power today because it is the leading provider of uranium. The industry would be powerless without uranium and the services that turn the raw ore into usable fuel.
Cameco’s business spans the industry from mining to finished products tha... Read the Full Story |
| Markets | | | ByteDance founder Zhang Yiming tops the list of China's richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year.The institute, which publishes the annual Hurun China Rich List, found that the total wealth of entrepreneurs o... Read the Full Story |
| Markets | | | Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.'s profits this year, causing the company to lower its full-year earnings guidance.That pushed the company's stock price down 6% in trading after Monday's closing bell.The Dearborn, Michigan, automaker,... Read the Full Story |
| Markets | | | Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to stem growing inflation as massive government spending on the military amid the fighting in Ukraine strains the economy’s capacity to produce goods and services and drives up wor... Read the Full Story |
| Tuesday's Early Bird Stock Of The Day Fiserv, Inc., together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments. The Merchant Acceptance segment provides merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Clover, a cloud based POS and integrated commerce operating system for small and mid-sized businesses and independent software vendors; and Carat, an integrated operating system for large businesses. This segment distributes through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, financial institutions, and other strategic partners in the form of joint venture alliances, revenue sharing alliances, and referral agreement. The Financial Technology segment offers customer deposit and loan accounts, as well as manages an institution's general ledger and central information files. This segment also provides digital banking, financial and risk management, professional services and consulting, check processing, and other products and services. The Payments and Network segment offers card transactions, such as debit, credit, and prepaid card processing and services; funds access, debit payments, cardless ATM access, and surcharge-free ATM network; security and fraud protection products; card production; print services; and various network services, as well as non-card digital payment software and services, including bill payment, account-to-account transfers, person-to-person payments, electronic billing, and security and fraud protection products. It serves merchants, banks, credit unions, other financial institutions, and corporate clients. Fiserv, Inc. was incorporated in 1984 and is headquartered in Milwaukee, Wisconsin. | Should I Buy Fiserv Stock? FI Pros and Cons Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Fiserv was last updated on Tuesday, December 03, 2024 at 9:09 PM.
Pros-
Recent analyst upgrades have significantly increased the target price for Fiserv, Inc., with firms like Susquehanna raising it to $230.00, indicating strong market confidence in the company's growth potential.
-
The stock is currently trading at $215.38, reflecting a robust performance and a market capitalization of approximately $122.53 billion, suggesting stability and investor interest.
-
Fiserv, Inc. has received a consensus rating of "Moderate Buy" from analysts, with 21 buy ratings and only 4 hold ratings, indicating a favorable outlook among market experts.
-
The company has shown resilience with a low debt-to-equity ratio of 0.85, which suggests that it is not overly reliant on debt to finance its operations, reducing financial risk.
-
Insider trading activity indicates confidence in the company, with significant share sales by executives, which can be interpreted as a strategic move rather than a lack of faith in the company's future.
Cons-
Insider sales have been notable, with executives selling a total of 235,821 shares valued at $44,299,745 in the last ninety days, which may raise concerns about their confidence in the company's future performance.
-
The stock has experienced fluctuations, with a twelve-month high of $223.23 and a low of $128.43, indicating potential volatility that could affect short-term investors.
-
Despite positive ratings, the stock's high P/E ratio of 41.92 suggests that it may be overvalued compared to its earnings, which could deter value-focused investors.
-
Recent sales by the Chief Executive Officer and other insiders represent significant decreases in their ownership stakes, which could signal potential issues within the company.
-
The market's overall economic conditions and potential interest rate changes could impact Fiserv, Inc.'s growth prospects, making it a riskier investment in the current climate.
| | View Today's Stock Pick |
|
| |
|
|
