Wednesday, February 27, 2013

Is Green Dot Cheap Based on the NetSpend Buyout?


After last writing about Green Dot (NYSE: GDOT) as a potential winning stock based on the new mobile banking platform, the stock has crept higher. The leading independent prepaid card provider for the underbanked got a boost on Tuesday after TSYS (NYSE: TSS) agreed to buy NetSpend (NASDAQ: NTSP) for $1.4 billion.

Considering Green Dot is the leader in the sector though only worth $540 million, investors should consider more »


Disclosure: No positions mentioned. Please review the disclaimer page for more details. 



No comments: