Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Fidelity National Information Services Is Getting Interesting

Fidelity National Information Services (NYSE:FIS) is a backend provider of processing services to other financial institutions. The company has underperformed operationally over the last year or so as the broader financial industry has struggled against a backdrop of low interest rates, low equity volatility, and an anemic fixed income trading environment. This difficult external environment has only been partially offset by FIS' high degree of recurring revenue in the transaction processing business. These issues appear to be starting to abate and for investors looking to take a position in a nuts-and-bolts financial infrastructure firm, Fidelity National Information Services is a good choice at this point.

FIS management has sounded increasingly positive on the overall operating environment over the...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details