andy wang td ameritrade network $SAVE $FISV

Andy Wang on Markets, Spirit Airlines, and Fiserv

Andy Wang spoke with Nicole Petallides, host of the Watch List, about financial markets, Spirit Airlines, and Fiserv -- two stocks that will benefit from the reopening of the economy.

Key takeaways:

Runnymede currently maintains a positive outlook with additional US government stimulus expected and strong corporate earnings comparisons year over year.

Many investors are looking past uncertain quarters in the near-term to bet on the eventual reopening of the economy. 

Spirit Airlines (SAVE)

  • Airlines are among the best places to be coming out of a recession.
  • There is huge pent-up demand for leisure travel as multiple COVID vaccines provide a path toward reopening the economy.
  • Spirit Air is taking share with its low-cost structure and business built around leisure travelers who are expected to return first.
  • Forthcoming earnings reports will show strong growth when compared to the lock downs of Spring 2020.
  • While Spirit Air lost $8.34 in 2020, forecasted earnings per share point to a recovery of -$0.96 and $2.11 in 2021 and 2022, respectively.

Fiserv (FISV)

  • Fiserv enables money movement for thousands of financial institutions and millions of people and businesses.
  • Stellar track record of delivering double digit EPS growth for 35+ consecutive years.
  • A compelling growth story: migration to electronic payments and digital transformation of the banking industry.
  • Cloud-based POS platform Clover is growing faster than Square (SQ).
  • Zelle network and mobile payment app have outperformed p2p volumes over main rival Venmo.
  • Stock currently priced at 17.6x '22 EPS of $6.33.

Watch the full video


What segments of the economy do you feel will recover and might be worth your investment?

Share This Story, Choose Your Platform!

About the Author: Andrew Wang

Andrew Wang


Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Runnymede Capital Management, Inc.-"Runnymede"), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Runnymede.  Please remember that if you are a Runnymede client, it remains your responsibility to advise Runnymede, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Runnymede is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Runnymede's current written disclosure Brochure discussing our advisory services and fees is available for review upon request. Please Note: Runnymede does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Runnymede's web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Search Website

Annuity Review Database

Follow Our Podcast

Google Podcasts
Apple Podcasts

Recent Posts