Why Shares of FactSet Outperformed in the First Half of 2020
Shares of FactSet Research Systems (NYSE: FDS) gained 22.4% in the first half of 2020, according to data provided by S&P Global Market Intelligence, shrugging off the COVID-19 pandemic and delivering better-than-expected earnings. The financial data provider has a long history of steady growth and a sticky product, and it continued to perform for investors during a difficult spell for the markets. FactSet shares certainly felt the impact of the pandemic, with the stock trading off with the broader market in February and March.
