10 High Profit Margin Stocks to Buy Now

8. Fair Isaac Corporation (NYSE:FICO)

TTM Net Profit Margin: 31.36%

Number of Hedge Fund Holders: 68

Fair Isaac Corporation (NYSE:FICO) is one of the high profit margin stocks to buy now. On June 25, FICO announced a partnership with MI New York, which is an American professional cricket team participating in Major League Cricket/MLC. The collaboration aims to promote financial literacy and credit education among cricketers and cricket fans worldwide.

Throughout the Major League Cricket season, MI New York cricketers will use social media to share their personal financial experiences and provide access to valuable credit education content. This content will help individuals understand credit better and access resources to improve their financial health. The initiative is important given cricket’s vast global audience of 2.5 billion fans, which makes it the second most popular sport worldwide.

Additionally, the FICO Score is widely trusted by top US lenders for various credit products, such as personal loans, mortgages, auto loans, and credit cards. Through myFICO, FICO’s consumer website, individuals can check and monitor their FICO Score for free and access educational materials and tools designed to help them understand their credit reports and FICO Scores.

Fair Isaac Corporation (NYSE:FICO) develops software with analytics and digital decision-making technologies that enable businesses to automate, enhance, and connect decisions.