Will SS&C's Recent Acquisitions Pay Off?
SS&C Technologies Holdings (NASDAQ: SSNC) makes software to assist investment-management companies with supporting functions such as accounting, client reporting, and regulatory reporting. In other words, SS&C is a boring company -- but boring is sometimes better when it comes to finding good tech stocks to buy.
The company has strong long-term growth fundamentals due to the trend of financial institutions outsourcing IT functions. SS&C has also taken steps to juice its earnings growth by aggressively acquiring three companies in 2018, taking on a significant amount of debt in the process. Will these acquisitions pay off for shareholders?
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Source Fool.com
