ICYMI | Financials Analyst Josh Steiner Pitches $FISV

01/29/21 02:20PM EST

In this clip from THE PITCH, we give you an inside look at how a research analyst's high-conviction stock idea becomes a manager's winning position.

Watch below as Financials analyst Josh Steiner pitches Hedgeye CEO Keith McCullough on Fiserv (FISV), Steiner's new 'Best Idea' Long position. 

Click HERE to learn more about our Financials Sector Pro product. 

https://cdn.jwplayer.com/players/UfMARY4x-x1Hp06Vr.js?sig=cf6c8ecee60ba2988715ab797c82410c&exp=1611946065

Steiner: The same tailwinds that have been there for the past three decades are still there. They have this incredible business called 'Clover,' which is totally misunderstood by the market; it's been growing like an absolute weed. There's a real comparison here between Fiserv and Square, but Square of course gets all the press and attention, and the stock has been a rocket.

Fiserv's merchant-acquiring business is actually growing faster than Square's.

The difference is Square is trading at 180x forward earnings... and Fiserv's only trading at 18x.

There's a lot to like here.


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