Global Payments (GPN) stocks have seen a significant upward trend, crossing the
200 Day Moving Average mark. Their stocks continue to rise despite underperforming the market on a few occasion. Hailed as one of the best Digital Currency and Payments stocks, GPN reported reasonable results for Third Quarter 2024. Consequently, they have been contemplating the sale of
Payroll and
Active Network to further enhance their position. Notably,
Francisco Partners plan to acquire
AdvancedMD from Global Payments. GPN has seen strong trading days and outperformed their competitors. Considering the company's positive performance, investors may be advised to increase their holdings. The recently published strategic
SWOT insight indicates a promising future.
CEO's strategy, and
Medium Term Outlook shared during an Investor conference suggest good returns in 2024. The company's
Q3 2024 Earnings Call highlighted strong revenue growth, indicating a profitable 2024. However, elevated costs made the
Q3 earnings miss estimates. Despite some hiccups, Global Payments is considered among the
Best Fintech Stocks to buy in 2024.
Global Payments GPN News Analytics from Fri, 15 Mar 2024 07:00:00 GMT to Fri, 03 Jan 2025 22:05:00 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor -6
