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Fiserv(NASDAQ: FISV) has been on a great run over the past decade. The financial technology company has seen its stock price rise 11 straight years, and it's delivered a sparkling 23% annualized return over the past 10 years.
Fiserv had a fantastic year in 2019, returning 57% and acquiring a competitor, First Data, to become one of the dominant players in its space. So, after a long growth run, is Fiserv still a good buy going forward?
The acquisition of First Data, which closed last July, not only gives Fiserv added scale but also complements and broadens Fiserv?s offerings.