Fiserv: Payments technology leader and growth stock of the year

Fiserv Inc $FI, a company focused on payment technology, has seen its stock grow significantly this year, up 67%. Key factors in this success include the successful acquisition of First Data and the growing popularity of its Clover platform , which supports the digitization of payment solutions for small and medium-sized businesses.

Key highlights:

1. Share performance:

- Shares of $FI are up 67% this year, and up another 12% in November.

- The company has a market capitalization of $128 billion.

2. Growth Drivers:

- Acquisition of First Data for USD 22 billion in 2019 has significantly strengthened the company's market position.

- The Clover platform has boosted the growth of First Data's growth momentum, boosting the company's growth momentum and boosting the company's profitability. Contributes to growth by providing point-of-sale systems to small and medium-sized businesses.

- Collaboration with the platform Zelle enables fast and secure money transfers.

3. Investor support:

- Sanders Capital has raised $700 million worth of shares.

- Analysts expect annual earnings per share growth of 18-20%.

- 32 out of 38 analysts recommend Fiserv stock for purchase.

4. Financial results:

- Third-quarter earnings per share (EPS) were $2.30, beating expectations.

- Adjusted organic revenue growth contributes to the positive long-term outlook.

Long-term outlook:

$FI is benefiting from the global transition to digital and cashless payment systems. The successful integration of First Data, the growing share of the Clover platform and innovation in digital payments are providing the company with a strong market position.

For investors looking for steady growth in the financial technology sector, $FIrepresents an attractive opportunity, particularly with the backing of large institutional investors and its constant product innovation.

Despite some challenges, $FI could be one of the strongest growth stocks in the market over the long term.