15 Best Fundamental Stocks to Buy According to Hedge Funds

10. Fiserv, Inc. (NYSE:FI)

5-Year Revenue Growth Rate: 14.96%

Number of Hedge Fund Holders: 72

Fiserv, Inc. (NYSE:FI) ranks among the best fundamental stocks to buy according to hedge funds. Following Fiserv, Inc. (NYSE:FI)’s stablecoin announcements, William Blair kept its Outperform rating on the company on June 23.

As investors carefully weigh the ramifications of the stablecoin operations, including the introduction of FIUSD, the company’s own stablecoin, the firm anticipates that the immediate surge in Fiserv, Inc. (NYSE:FI) shares will subside. According to William Blair, Fiserv is acting swiftly to mitigate the risks that stablecoins can pose to the deposit bases of its financial institution customers, which could impact growth.

Although William Blair believes it will take time for the stablecoin ecosystem to mature and that early players like Fiserv, Inc. (NYSE:FI) would probably need to modify their plans as the market changes, the firm views the company’s stablecoin debut as a step to preserve flexibility rather than an adverse development.

Fiserv, Inc. (NYSE:FI) is an American multinational financial technology company that primarily serves banking and fintech clients through its payment solutions and technologies, including digital banking platforms, card issuance and processing, merchant acquisition, and point-of-sale systems.