Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Wall Street Too Eager To Believe In VeriFone's Turnaround

I have thought for some time now that Wall Street badly wants to believe that VeriFone (NYSE:PAY) can turn around its business, and the reaction to the company's third quarter earnings backs that up. VeriFone went out of its way to lower the hurdle for this quarter - to a point where a gopher could clear it - ...

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