Global Payments Has a Moat, but Is Exposed to Any Turn in the Economy
We believe the market is overly concerned about disruption to incumbent payment players like Global Payments. In our view, Global Payments continues to benefit from a strong competitive position, is ...
Management Is More Focused on Profitability
The company did turn free cash flow positive in 2017, and we expect improving profitability will increase free cash flow meaningfully in the coming years. The capital-light nature of the business ...
Wall Street Brunch: Can Earnings Season Lure Out Battered Bulls?
Commentary on tariffs and the consumer will be in the spotlight March core CPI forecast to drop to annual rate of 3% Bill ...