Saturday, August 18, 2018

Euronet: DCC Uncertainty Remains, But So Do Growth Opportunities

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.

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Euronet: DCC Uncertainty Remains, But So Do Growth Opportunities

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