Fidelity: Overreaction To Mixed Q4 Creates Opportunity (Rating Upgrade)

Shares of Fidelity National Information Services (NYSE: FIS ) had been a solid performer over the past year, adding 30%. However, this strong run came to an abrupt halt on Tuesday as the stock plunged 11% following weak Q4 earnings results and guidance. I downgraded sharesOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a questi ...