Factset Research (FDS) provides financial data to investment mangers — whose stocks are faltering while FDS stock stands tall.
Factset Research (FDS) is on track for another record profit year. In fact, FDS has grown profits every year since it went public in 1996.
FactSet Research (FDS) offers content and statistics to asset managers (like me) on a subscription basis, and what’s helping FDS is analytics.
Acquisitions helped boost Factset Research’s (FDS) sales growth from what would have been 6% to 14% last qtr. That helped boost profits 17%.
Factset (FDS) provides tools and data for money managers and analysts to do their work. And with the stock market up big in 2017, the outlook for FDS is good.