7 Green Days In A Row: Fiserv Stock Is Up 32%
Fiserv (FISV) stock is on a 7-day winning streak, up 32.4% since the run began. That added about $8.2 billion to the company’s market value, which now stands at about $33.4 billion. The stock closed at $62.74 on Thursday, November 5, 10.2% below its 52-week high of $69.85 and 41.4% above its low of $44.36.
How The Streak Stacks Up Against The S&P 500
Returns for FISV and the S&P 500 over the streak and the periods around it, all ending Thursday, November 5 and including dividends:
| Return Period | FISV | S&P 500 |
|---|---|---|
| 1 Day | 1.1% | -4.4% |
| 7 Days (Current Streak) | 32.4% | -4.8% |
| 1 Month (21 Trading Days) | 38.5% | -5.7% |
| 3 Months (63 Trading Days) | 19.7% | -5.0% |
| Year To Date | -6.6% | 8.4% |
| 1 Year (252 Trading Days) | -2.7% | 9.9% |
How The Streak Compares With The Market
The market explains little of this: the S&P 500 lost 4.8% over the same 7 sessions, including dividends, against Fiserv’s +32.4%. 1 other S&P 500 stock is currently on winning streaks of 7 days or longer. Over the past three months the stock is up 19.7%, a window that includes the streak; over the other 56 sessions of that window it was down 9.6%.
Do The Fundamentals Support The Run?
On the fundamentals, revenue declined 1.7% over the last twelve months, against a median of 10.0% for S&P 500 Financials stocks; and its operating margin is 19.2%, versus a median of 26.7%. Fiserv does not have positive trailing earnings, so there is no meaningful price-to-earnings multiple to compare. The numbers make the run harder to justify: shrinking revenue and margins below the median. At this price, the stock is asking a lot of the business.
A climb like this is worth respecting, and worth testing. Our Guidance Momentum screen tracks the stocks whose companies just raised their own forward numbers.
One Hot Stock Is A Story. Thirty Sound Ones Are A Strategy
A streak like this earns a place on your watchlist, and it also earns a question: how much of your outcome do you want depending on one company keeping this up?
The Trefis High Quality (HQ) Portfolio answers it with breadth: roughly 30 businesses picked for consistent cash generation, strong margins, and balance-sheet strength, sized and rebalanced by rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Follow the story; invest in the strategy.