Topic: Growth Stocks

The Wall Street Stock Forecaster Hotline – Friday, April 4, 2008

Article Excerpt

FAIR ISAAC CORP. $24.38, New York symbol FIC, has as its main business its FICO software, which lets creditors use information about a customer to calculate a credit score. The subprime mortgage crisis has hurt the banks and other financial institutions that are Fair Isaac’s major customers. These customers may cut back on software spending in the near term. However, over the longer term, the subprime crisis will likely increase demand for Fair Isaac’s reliable credit-scoring software. The company now hopes a new restructuring plan will improve its profitability. It plans to sell several non-core operations, cut staff and consolidate facilities. These moves should cut its annual pre-tax expenses by $35 million. To put that in context, Fair Isaac earned $20.2 million or $0.39 a share in the three months ended December 31, 2007. Fair Isaac is a buy. TERADATA INC. $21.89, New York symbol TDC, makes computers and software that capture and store large quantities of a business’s data, such as its sales…