HomeLifestyleRetailGPN, MA, V: Tailwinds In Payment Stocks

GPN, MA, V: Tailwinds In Payment Stocks

Global Payments (GPN) shares rise after earnings. Stephen Biggar and Moshe Katri discuss payment stocks. They talk about trends to watch in payment stocks, highlighting MA, V, and AXP. Stephen highlights some secular tailwinds such as migration from cash/checks to digital payments, increased merchant acceptance of credit cards for lower dollar amounts, and use of cards for convenience, safety and to take advantage of rewards programs. Tune in to find out more about the stock market today.

Trading 360

31 Oct 2023

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