Player Avatar EVplusEV (49.40) Submitted: 1/18/2013 8:16:25 PM : Outperform Start Price: $13.28 WU Score: +18.67

The stock got punished back in November and dropped 30% when they lowered guidance (crazy overblown reaction, considering they reported modest growth).

Since then, the tide has begun to turn in Europe and WU has significant business there (25% exposure to Europe). The stock is now very cheap.

They have 150% ROE and a 12.4% Year over Year Earnings Growth (in a bad year for Europe). Plus they have a 6.64 P/E Ratio (earnings growth is double the Price to Earnings ratio). From a technical standpoint it just closed above resistance at its 50 day moving average of $13.37. I see a 50% gain to $20 per share in a year or less. Plus you get a 3.8% dividend while you wait.

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