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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