Sep. 15 at 10:53 PM
$FISV &
$FIS both red today (-1.9%, -2.2%) and that's exactly when I start paying attention.
$FISV
—
$26.6B cap, ~
$50/share, P/E under 10
$FIS
—
$19.26B cap, ~
$37/share, P/E under 6
Payment processing is boring. Boring is the point. Banks don't rip out infrastructure because the stock had a rough week.
Not trading these. Watching them for the long haul.
Sector's been out of favor
Fundamentals still doing their job
NFA. DYOR.