VeriFone Holdings, Inc. (PAY)
The Company designs, markets and services transaction automation systems that enable secure electronic payments among consumers, merchants and financial institutions.
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Strongly rated in IBD.
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company blows
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Reports TUES. 6/2/09. Last couple of quarters have been good so I'm pretty sure this one will be positive.
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Diamond Bottom, Bottom Triangle, Double Bottom, Head and Shoulders Bottom
score = 84
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kaupa 300.000
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Provides product in growing electronic billing arena, should have steady upward trend.
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Creating a portfolio of stocks with large numbers of insider buys.
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Debit card transaction growth is significant, and PAY is the industry leader. Yet it has a reasonable forward PE of 20. This stock will definitely outperform all indices over the next 5 years.
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Levered to emerging markets and credit boom.
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Leader in Credit card and Internet commerce security. Enormous market growth. Impressive financials
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good for the overheated credit market.
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this is an interesting play. the world seems to be going more and more to a cashless system of paying for things. i see this company as a market leader in this arena.they are found in stores,banks ,even cabs. they are international. more and more,they are gaining market share like wild fine.
i see this company in te future like a walmart or a proctor and gamble(where everyone not only knows who they are),but in some way shape or form,everyone uses their services at one time or another.
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well.. let sum it up... credit card upgrade cycle -
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Debit cards are just too damn easy to use.
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They need to learn how to manage their finance department.
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tied to credit card business worldwide. credit cards booming, eg china.
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Majority of credit card txns are done on their machines
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