This stock just dropped about 6 points after reaching a new high 2 weeks ago. The stock has super earnings and has really grown through mergers and acquisitions this past year. Earning should be spectacular this next quarter and year. The only explaination I know for this stock going down has been profit taking in all the finance stocks. Interest rate and profit margin concerns. Both shouldn't effect FNF. FNF also owns a big portion of Checkers. Their earning estimates should be raised shortly. This should help the stock.
I hope you are correct on all counts. I feel the same way about the profit takers. I felt I made a good entry point. Had been invested in FED but it was acting terribly. Found FNF with good #'s from Investor Business Daily.