Stock Worth Mentioning Today: Is Buying 52-Week Stock Like Fidelity National Financial Inc a Winning Strategy?

Stock Worth Mentioning Today: Is Buying 52 Week Stock Like Fidelity National Financial Inc a Winning Strategy?

The stock of Fidelity National Financial Inc (NYSE:FNFV) hit a new 52-week high and has $21.70 target or 65.00% above today’s $13.15 share price. The 9 months bullish chart indicates low risk for the $909.18M company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $21.70 price target is reached, the company will be worth $590.97M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 28,501 shares traded hands. Fidelity National Financial Inc (NYSE:FNFV) has risen 25.81% since April 19, 2016 and is uptrending. It has outperformed by 21.95% the S&P500.

Fidelity National Financial Inc (NYSE:FNFV) Ratings Coverage

Out of 2 analysts covering Fidelity National Financial (NYSE:FNFV), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Fidelity National Financial has been the topic of 3 analyst reports since October 1, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating by Keefe Bruyette & Woods given on Friday, February 12. As per Thursday, October 1, the company rating was maintained by Wood.

More recent Fidelity National Financial Inc (NYSE:FNFV) news were published by: Nasdaq.com which released: “Fidelity National Financial Becomes Oversold” on November 03, 2016. Also Finance.Yahoo.com published the news titled: “Fidelity National Financial, Inc. Announces 19% Increase in FNF Group …” on November 03, 2016. Nasdaq.com‘s news article titled: “Fidelity National Financial Inc Q3 Profit Advances 12%” with publication date: November 02, 2016 was also an interesting one.

Fidelity National Financial, Inc. is a holding company. The company has a market cap of $909.18 million. The Firm is a well-known provider of title insurance, technology and transaction services to the real estate and mortgage industries. It currently has negative earnings. The Company’s divisions include Title, Black Knight, FNF Core Corporate and Other, Restaurant Group, and FNFV Corporate and Other.

FNFV Company Profile

Fidelity National Financial, Inc. (FNF), incorporated on May 24, 2005, is a holding company. The Firm is a well-known provider of title insurance, technology and transaction services to the real estate and mortgage industries. The Company’s divisions include Title, Black Knight, FNF Core Corporate and Other, Restaurant Group, and FNFV Corporate and Other. The Company’s business is organized into groups, including FNF Core Operations and FNF Ventures (FNFV). The Firm offers title insurance through its title insurance underwriters: Fidelity National Title Insurance Company, Chicago Title Insurance Company, Commonwealth Land Title Insurance Company, Alamo Title Insurance and National Title Insurance of New York Inc., which collectively issue more title insurance policies than any other title firm in the United States. The Company, through its subsidiary, ServiceLink Holdings, LLC (ServiceLink), provides mortgage transaction services, including title-related services and facilitation of production and management of mortgage loans. FNF also provides mortgage technology solutions, including MSP, a residential mortgage servicing technology platform in the United States, through its subsidiary, Black Knight Financial Services, Inc. (Black Knight). The Company, through its FNFV group, owns investment stakes in a number of entities, including American Blue Ribbon Holdings, LLC (ABRH), Ceridian HCM, Inc. and Fleetcor Technologies, Inc. (collectively Ceridian) and Digital Insurance, Inc. (Digital Insurance).

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