+ Watch GDOT
on My Watchlist
This is a small/mid cap high growth stock that should outperform the S&P during the bull market.
Everyone is issuing prepaid cards these days, for refunds, for gift cards, etc. Even though things aren't looking good now, this is going to be huge.
What this company has laid the blueprint for is simply brilliant. It is a checking account (complete with routing abilities) gaining 0% interest for the customer. They have partnered with PayPal as their quickest funding option. $4.95 to have your new have-to have item ordered 5 min after stopping by the corner store. With a mass population living check-to-check, this market currently very untapped in my view.
People are moving away from credit cards all together and are attempting to be debt free. This prepaid card provider allows individuals you direct deposit paychecks directly onto their cards without any credit check. For those people that went through bankruptcies or foreclosures now they do not need to be approved by a bank to open an account that will allow them to apy bills online and cary a card instead of cash.
This business has strong nitche that will likely not attract a large amount of competition until a technology obsoletes plastic transactions.
Green Dot is a company poised to be a cash cow. Milk it while you can.Taiyo
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions