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.