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Jack Henry safe from banking turmoil, stock looks cheap, Barron’s says

In any short-term market turbulence or panic, babies are inevitably thrown out with the bathwater-companies whose stocks are dragged down by association with more-troubled businesses. Financial-software provider Jack Henry & Associates is the baby, Nicholas Jasinski writes in this week’s edition of Barron’s. Jack Henry’s shares have declined 15% this year-to their cheapest valuation in years-after returning 18% annually over the prior decade, the author notes. The long-term trends in Jack Henry’s business remain intact-banking crisis or not, Jasinski adds. Reference Link

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