Tuesday, May 29, 2012

Investopedia: VeriFone Turning Into A Noisy Growth Story

Seemingly no growth story can go on for too long without seeing some doubts and controversy creep into the name. In the case of VeriFone (NYSE:PAY), it seems like the bears and bulls are increasingly at loggerheads. Bulls point to the ongoing upgrade and sales potential at traditional points like gas stations and retail stores, as well as the opportunity in the evolving mobile payment market. Bears argue, though, that organic sales growth isn't as strong as it seems, the upgrade cycle may be slow to develop and mobile could be as much a threat as an opportunity.

Read more here:
http://stocks.investopedia.com/stock-analysis/2012/VeriFone-Turning-Into-A-Noisy-Growth-Story-PAY-V-MA-MCRS-NCR0529.aspx

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