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Is Fiserv (FISV) One of the Best Fintech Stocks to Buy According to Billionaires?
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Fiserv, Inc. (NASDAQ:FISV) is one of the 10 Best Fintech Stocks to Invest In According to Billionaires. On April 20, BMO Capital initiated coverage on Fiserv, Inc. (NASDAQ:FISV), giving the stock a Market Perform rating and setting the price target at $65. BMO Capital believes that the company is currently transitioning under new management. Fiserv, Inc.’s (NASDAQ:FISV) leadership is trying to rebuild its reputation as a double-digit earnings per share compounder. This follows a strategic review of the business aimed at improving performance. According to BMO Capital, the company has made some positive moves in the fourth quarter. Fiserv, Inc.’s (NASDAQ:FISV) management reset guidance and implemented a new strategic plan. The research firm sees these as steps in the right direction. However, BMO Capital pointed to several concerns that make it hard to recommend Fiserv, Inc. (NASDAQ:FISV) in the near term. These include the new management team, slower growth across key parts of the business, and the company still being in a transition phase. The firm believes the stock is reasonably valued and described the situation as a wait-and-see period. Fiserv, Inc. (NASDAQ:FISV) is a global financial technology and payments company that offers solutions for banking, merchant acquiring, global commerce, billing and payments, and point-of-sale. While we acknowledge the potential of FISV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Large Cap Stocks to Invest In Right Now and 10 Unrivaled Stocks of the Next 5 Years. Disclosure: None. Follow Insider Monkey on Google News.
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