5 Best Stocks to Buy for Long Term According to ValueAct Capital

1. Fiserv, Inc. (NASDAQ:FISV)

ValueAct Capital’s Stake Value: $1,321,769,000

Percentage of ValueAct Capital’s 13F Portfolio: 18.18%

Number of Hedge Fund Holders: 58

Fiserv, Inc. (NASDAQ:FISV) provides payment and financial services technology worldwide. The company operates through three segments: Acceptance, Fintech, and Payments. It is the top 13F holding of ValueAct Capital. As of March 31, ValueAct Capital owns over 13 million shares of Fiserv, Inc. (NASDAQ:FISV), which brings its stakes in the company to $1.32 billion and makes it the second-largest shareholder. The investment covers 18.18% of ValueAct Capital’s 13F portfolio.

On June 30, Truist analyst Andrew Jeffrey slashed his price target on Fiserv, Inc. (NYSE:FISV) to $95 from $105 and maintained a Hold rating on the shares.

Insider Monkey found 58 hedge funds bullish on Fiserv, Inc. (NASDAQ:FISV) at the end of Q1 2022. These funds held collective stakes of $3.87 billion in the company, down from $3.90 billion in the prior quarter with 61 positions.

Here is what ClearBridge Investments had to say about Fiserv, Inc. (NASDAQ:FISV) in its “Value Equity Strategy” fourth-quarter 2021 investor letter:

“While the threat of disruption risk to these established payment companies should not be taken lightly, it is important to note that many of these emerging disruptors are small relative to the massive global payments network and heavily reliant on the very payment infrastructure they are trying to disrupt. This led us to initiate a position in Fiserv, whose stock dropped to a level that embedded projections for negative long-term growth despite no current evidence of disruption. We think Fiserv will continue to grow despite perceived disruption risks given its scale and efficiency. Fiserv also owns cloud-based payments hardware and software system Clover, which is both bigger and faster growing than Square; this provides an additional degree of protection against further disruption risk.

You can also take a look at 10 Safe Stocks To Invest in For Long Term and Top Stocks to Invest In According to Jeffrey Ubben’s ValueAct Capital.

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