Servus together,

today from the section perfect for long-term investment.

Fiserv

After I already told you a bit about McDonalds last time, let's stay in the USA right away.

Fisverv offers financial services and now has over 13,000 customers, which consist of businesses and financial institutions.

For businesses, Fiserv offer highly customizable yet secure software, creating digital accounting for their customers (pretty boring as far as it goes). Their products (software) range from processing classic card payments to mobile banking systems. This also includes risk/failure verification systems and fraud management systems. This means that the small retailer or large enterprise can outsource all processes/operations related to financial transactions to Fiserv. For banks and co, more complex issues such as deposits, lending, etc. are taken care of.

The company itself is actually rather boring, but this is not a disadvantage for long-term investments. However, the growth in sales is remarkable. If the revenue was $5,823 million in 2018, it grew to $14,852 million in 2020. That represents revenue growth of over 150%.

At the same time, the KUV of the last 12 months was 4.64.

By consistently acquiring other companies (over 130 in the last 30 years) and constantly adding new partnerships (the latest San Francisco Community Banks 12/23/21), the company will continue to grow and show very solid numbers.

Conclusion.

A rather boring company that is showing bombastic growth and should definitely do well in the coming years. Especially with regard to pushing omnichannel, FISERV offers the optimal solutions for their customers.

Since this is not investment advice DYOR.

If I were looking for a new stock for my long-term portfolio, Fiserv would certainly be on the shortlist.