VeriFone Systems, Inc. (NYSE:PAY)

CAPS Rating: 3 out of 5

The Company designs, markets and services transaction automation systems that enable secure electronic payments among consumers, merchants and financial institutions.

Recs

0
Player Avatar whoodatstockhot (81.22) Submitted: 3/6/2013 1:05:23 PM : Outperform Start Price: $21.08 PAY Score: -0.96

Company executing a turnaround and planning for future growth drivers. Extremely cheap on a valuation basis, and the selloff was overdone. In addtion to strong fundamentals going forward, it is a strong buyout candidate as well. PAY should move towards $40 a share in coming weeks/months.

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