Broadridge Financial Solutions Inc

BR is in a Stage 2 advancing regime with bullish medium-term structure evidenced by higher highs & higher lows and rising short-EMAs, while still in a longer-term downtrend. Short-term price is holding just above key EMA support but is extended without a clear pullback amid neutral overbought/oversold signals. Employing a Dividend Growth approach, we maintain patience for a shallow pullback into the 9/21 EMA zone or base support area before initiating new entries.

• ↑6% Q3 recurring revenue growth and 11% adjusted EPS rise.
• ↑Free cash flow conversion >100%, yielding $591M YTD cashflow and enabling $681M returns.
• ↓Lengthening sales cycles for complex deals may delay revenue.