VeriFone Holdings, Inc. (PAY) Message Board

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Technology Stocks : VeriFone Holdings, Inc. (PAY)

PAY 36.12

+26.4%

3:59 PM EST

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From: JakeStraw	3/13/2014 8:27:05 AM
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FWIW - Cramer's take on PAY: Verifone (PAY) was a laggard stock, but has turned itself around and may be a promising acquisition. The company weathered accounting irregularities and earnings misses, but customers did not flee. Its new management is revamping the company, which now focuses on replacing and installing new pay terminals, and PAY recently saw a 5% increase in organic growth in Europe and Asia compared to -15% a year ago. The stock rallied 11% and can be bought at $50 for its stellar fundamentals. Cramer could envision eBay (EBAY) spinning off its PayPal division and PayPal acquiring PAY to increase its exposure to brick and mortar stores. Starbucks (SBUX) could also buy PAY to add to its successful mobile strategy. Regardless of takeover predictions, PAY is a buy. seekingalpha.com

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