Jack Henry & Associates Inc. [JKHY] is in a good position to capitalize on the financial institutions recovery. While the banks have bounced from their lows, many financial institutions have been pretty frugal with regard to spending. At The Van Buren Report, we think it is only a matter of time before Banks start spending more freely again. While it will not happen overnight and will not be like it was post 2008, financial institutions will begin spending and giving out loans once they feel it will be profitable for them. We think that time will be spring 2011.
With that in mind, waiting to 2011 to make certain stock purchases will leave you way behind. As our November Pick of the Month [MFW] M&F Corp. [up almost 50% since recommended on November 1, 2009] proved, banking services are in high demand and will be a necissity for banks to move forward and be productive.
Our Pick of the Day is JKHY. Jack Henry and Associates, Inc. is a provider of computer systems and services to the financial industry. Offering a wide range of products JKHY could be headed for a lift off like MFW in the near future. While we at The Van Buren Report www.VanBurenReport.com do not usually like tech stocks this one has legs. Trading at around $22 and change, this company is near its 52 week high which is still a great value. The company offers a modest and safe dividend and earns over $1.25 per share. Still has room for growth as well despite some limitations.
This could be a $45 stock in the next 18 months. Take a further look at this potential winning company to see if it is a good investment for you.












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