Reported 1 day ago
This article discusses a bullish thesis on Global Payments Inc. (GPN) as presented by Bob Hammel. The company’s share price was $82.66, and with low P/E ratios, its merger with Worldpay is expected to enhance its merchant acquiring capabilities and expose it to growing segments like e-commerce and integrated payments. Projected organic growth is 6%, but market sentiment is cautious due to integration challenges. The combination of GPN and Worldpay offers potential upside despite execution risks, making it an intriguing investment option, especially after a significant price drop since previous bullish coverage.
Source: YAHOO