Fidelity National Information (FIS) Presents Key Strategies at Goldman Sachs Conference

Core Insights - Fidelity National Information Services, Inc. (NYSE:FIS) is identified as one of the most undervalued growth stocks according to hedge funds [1] - The company presented its key strategies at the Goldman Sachs conference, highlighting core strengths and effective capital allocation, including plans for increased share buybacks [1] - Management remains optimistic about the macroeconomic environment, supported by favorable regulatory conditions [1] Financial Performance and Projections - The company has enhanced its digital capabilities through acquisitions of Dragonfly, Everlink, and Amount [2] - Fidelity National Information Services, Inc. targets a 90% free cash flow conversion next year, driven by lower capital intensity [2] - The company expects banking revenue growth of 4% to 4.5% for the year, with third quarter growth forecasted at 3% to 3.5% and fourth quarter growth expected to improve to 6.5% [2] Industry Context - Fidelity National Information Services, Inc. provides technology solutions to financial institutions, businesses, and developers [3] - While the potential of FIS as an investment is acknowledged, certain AI stocks are considered to offer greater upside potential and less downside risk [3]