Is Jack Henry & Associates Stock a Buy?

Few corners of the business world haven't been deeply affected by the coronavirus crisis, but banking services provider Jack Henry & Associates (NASDAQ: JKHY) is a rare exception that has held up well. As of this writing, the fintech company's stock remains less than 3% below its all-time high and is up 16% year to date, compared with a 15% decline for the S&P 500.  

In fact, Jack Henry has been one of the best-performing fintech stocks in the years since the financial crisis of 2008 and 2009. It's certainly not a "buy low" type of investment at this point, but there are good reasons shares are flying high -- as well as reasons it could continue to do so in the decade ahead.

Technology has crept into every corner of our lives, and as a result, consumers' expectations have grown. We now demand companies deliver their services conveniently and securely to us everywhere -- at home or on the go, as well as at places of business. And for new companies, building out the capabilities to meet those demands is far easier than for established businesses.

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Source Fool.com