
Fiserv Inc. (NASDAQ: FISV) has endured one of the harshest selloffs of any large-cap stock this year. FISV stock, which was close to $240 just a few months ago, was trading at $60 on the morning before Thanksgiving, down 50% in the past month alone. Yet beneath the wreckage, there are signs that the tide may finally be turning.
After months of relentless selling, certain momentum indicators are suddenly green.