Merchant processing firms such as
Global Payments (NYSE:
GPN)
run relatively simple businesses - a customer swipes a card at a store,
Global Payments sees that the money goes where it needs to between the
banks, and it takes its cut. While there's ample competition to sign up
(and retain) merchants and data breaches are an ever-present threat,
these can be very profitable businesses with good returns on capital. In
the case of Global Payments in particular, this not only looks like a
profitable, growing business, but it's also one with an undemanding
valuation and good global growth prospects.
Click below to continue:
http://www.investopedia.com/stock-analysis/2013/Global-Payments-Looks-Too-Cheap-Today-GPN-HPY-WFC-TSS0110.aspx
No comments:
Post a Comment