2024-04-26 16:40:18 ET
Summary
- Global Payments is well-positioned to benefit from the shift away from cash to digital payments and expansion into higher growth markets.
- The company faces intense competition in the payments industry and integration risks from its M&A activity.
- Despite these risks, the company's strong competitive positioning, growth potential, and attractive valuation support a Strong Buy rating.
Global Payments ( GPN ) is a leading provider of payments technology and software solutions.
In our view, the company is well-positioned to benefit from the ongoing shift away from cash to digital payments, as well as an ongoing expansion into higher growth markets and increasing benefits from greater economies of scale in its issuer business....
Read the full article on Seeking Alpha
For further details see:
Paying Attention To Global Payments: An Investment Opportunity That Checks Out