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One of the things I love about Fiserv (FISV) is that it doesn’t draw much attention to itself. It’s a solid company that delivers consistent growth. This is a stock that will never light up the message boards.

Until today.

A certain Mr. Cramer on television just recommended Fiserv. He said it’s boring, but it may be a target for a buyout. This Cramer fellow thinks it could “easily” go for $10 over the current share price. This was followed by rather odd shouting and I believe what were animal noises.

Well, I have no earthly idea if anyone is going to buy it, but Fiserv is a good stock selling at a good price. I don’t like Cramer’s reasoning which is, “I don’t like it, but buy it because other people like it, or may like it at some point.” I only recommend stocks that I like. And I only like stocks of outstanding companies. Boring or not, that’s Fiserv.

As always, I welcome any questions from my readers. Please feel free to e-mail me at eddy@crossingwallstreet.com. I’m happy to give you my opinion on any stock or investing in general; however per SEC rules, I’m not allowed to give personal portfolio advice.

Posted by edelfenbein at October 25, 2005 6:53 PM