Equifax is the Bureau of Credit Histories, a huge database of citizens who have ever used credit from banks and microfinance organizations. The company operates in full compliance with the legislation, but at the same time it is a commercial organization. Equifax provides information to clients on a paid basis. The company began operations in the United States in 1899.

Services offered by the bureau to credit institutions:

  • formation, processing and distribution of credit reports;
  • providing solutions that can increase the liquidity of loan products;
  • analytics in the field of finance and credit risks.

Equifax collects information on more than 800 million individuals and employs over 9,000 people in 14 countries.

Investors are interested in Equifax for many reasons. Chief among them is the organization's impressive performance over the past year. The sector expects strong earnings growth. This well-known positive outlook is important in assessing the company's bottom line.

Invest in Equifax shares
Invest in Equifax shares

Profit forecasts for the full year of 2021 are created by both analysts and traders, using both an internal forecast in addition to previous forecasts and assumptions about current market trends and financial circumstances. 

The key variable driving Equifax's revenue growth was increased sales of credit cards. This was mainly driven by strong demand for Equifax and other leading manufacturers from customers in the US and abroad. This strong demand has been supported by numerous variables such as the holiday season and weather conditions, which have driven up travel and leisure spending. But in addition to the factors listed above, earnings are expected to be affected by the current global economic environment, the ongoing impact of the international credit crunch, and other factors that may affect corporate earnings and bottom line. Therefore, you need to continue to monitor Equifax's progress in order to understand when is the best investment.

Information about Equifax shares
Information about Equifax shares

In September 2017, Equifax announced a cybersecurity breach that it claims occurred between mid-May and July 2017, when cybercriminals gained access to an estimated 145.5 million personal data of Equifax consumers in the United States.

In July 2019, The New York Times, New York Post, and other media reported that Equifax had agreed to pay approximately $650 million in a settlement with the Federal Trade Commission (FTC) to resolve investigations by multiple state attorneys general, the Consumer Financial Protection Bureau, Federal Trade Commission (FTC) and consumer class action lawsuit related to data breach.

The company learned from this situation, spending several million dollars to improve technical safety.

How to invest in Equifax shares in Malaysia?

If you are still new to investing, here are some of the nuances of investing in Equifax stocks.

To make a long-term investment in Equifax, you must first learn more about the company. In Malaysia, this can be done using the internet. You can study the company's annual report. Investors and traders have different technical analysis methods that allow them to analyze the latest developments on the exchange. Investors can learn about the technical valuation by reviewing Equifax's annual technical report. These reports will describe in understandable words how Equifax does its job, what indicators they have. Equifax stock charts and charts give you an idea of how a stock is performing in comparison to other stocks.

Stock earnings calendar
Stock earnings calendar

When choosing an investment instrument, one should not forget about the strategy. Here it is worth relying on investment goals, the level of knowledge and the availability of free time. There are two main strategic directions - by timing and by risk. There are three options for ROI:

  • up to a year - short-term;
  • 1-3 years - medium-term;
  • over three years - long-term.

According to the level of risk, there are two main styles - conservative and aggressive. The first assumes mainly passive income in the long term, the profit is small, the risks are less. The second will require more time, in-depth knowledge, but it will provide an opportunity to get big profits in the shortest possible time. It is associated with high risks.

With the accumulation of experience and capital increase, a change in benchmarks and the choice of new instruments are not excluded. It is recommended to take the first steps in the most reliable options. 

Long-term investments will give you the chance to capitalize on the rise in the value of Equifax shares. Short-term investments are quick money that requires technical analysis knowledge and time to keep track of the charts for a profitable sale and purchase of a stock.

Trading conditions
Trading conditions

If you are wondering how to invest in Equifax shares in Malaysia, the next step is to analyze the cost of equity. The cost of equity allows you to find out how much a share is worth, taking into account all its tangible assets and liabilities. It also takes into account the debt and earnings of the company, as well as the quality of its management and the leadership of the company.

The way to invest in Equifax shares is not that difficult, but it does require a certain amount of knowledge and experience. The best way to get started is to open an account with our brokerage company. This is necessary to conveniently open an account and obtain the necessary information for investing. The current stock prices change a lot from time to time, so you shouldn't pay too much attention to short-term fluctuations, it is also advisable to be aware of the news about the corporation.

Remember, however, that you are more likely to make more money by investing in a wider range of stocks in the business, not just one or two. This is called diversification.

Another thing you need to know about how to invest in Equifax shares is how to play the stock market. It is important to get an education in the stock market before entering the stock trading arena. A basic knowledge of market terminology and how different markets work will help an investor understand the complex nature of the stock market. Learning how to buy and trade stocks will also help an investor protect their bets in risky ventures, thereby protecting themselves from losses in the event of adverse stock market trends.

How to buy Equifax shares in Malaysia?

Do you have a question where and how to buy Equifax shares and would like to get the most out of your stock market trading, then you need to find a good platform to trade Equifax stock.

Our online platform is a broker and provides traders and investors with all kinds of tools for convenient trading. Video tutorials for beginners, stock quotes, charts and company news, MACD indicator, RSI, MA CFD trading, leverage, mobile application and much more. Just go through the registration procedure, and you will have access to all the information, as well as the opportunity to open a demo account or a live trading account.

Registrating on the investing platform
Registrating on the investing platform

The demo account is actually very useful for those who are just starting to trade stocks. After all, it would be pretty embarrassing if you were in real trading and realized that you couldn't know what was going on in the market. For training, you will have virtual $10,000 on your account.

If you take demo trading seriously, observing all the rules of your strategy, time will not be wasted. Trading on the exchange takes place through special software - terminals. The most popular ones have a huge set of tools to work with, which are easy to get confused about. This is a real problem for novice traders, because, not knowing the workspace of the trading platform, you can make a number of technical mistakes that will lead to loss of funds.

When you use a demo account, you will also be able to find out about the price action. It is very important to do this when you are learning to buy Equifax shares, because it allows you to understand the signs that the market is signaling. You can then use this information later to determine if this is the best time to buy real Equifax shares.

Select the type of account for work
Select the type of account for work

You can also open a live trading account right away and start with just $10. This is the minimum deposit to enter and is actually a very small amount available to anyone. In addition, it can get you off the ground and educate you without the risk of losing a large sum. Moreover, all experts advise starting with micro-sums, and then expanding your investment portfolio with experience. Even if you don't make a million from this amount, the main thing is smooth growth and gaining experience.

We can also provide you with a credit card when buying shares. Leveraged trading is commonly referred to as the execution of such transactions that require obtaining a loan from a broker. That is, when you want to buy shares for 650 thousand, you only have 100 on your account, and the missing 550 thousand is given to you by a broker on the security of securities bought or bought before.

So, before investing money, make sure that you have decided on the most profitable stocks. Look at their past. It would be helpful if you could read about the company's past and be aware of its failures and successes. After that, register on the platform and open an account, good luck!

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