Euronet (EEFT)
is still waiting for resolution on regulatory changes to dynamic
currency conversion (or DCC) in Europe, a significant source of
high-margin revenue, but the company continues to execute a multi-armed
growth strategy that still has room to run. While the shares have done
pretty well since my last update, rising 13% against a 10% rise in Paypoint (PAY.LN), an 8% rise in the NASDAQ, and 4% rise in the S&P 500, Cardtronics (CATM)
has done even better and further upside is tied at least in part to a
relatively benign DCC proposal from the EU Parliament later this month
or early in September.
Click here to read more:
Euronet: DCC Uncertainty Remains, But So Do Growth Opportunities
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