Around six months ago, I tagged Euronet Worldwide (NASDAQ:EEFT) with the "interesting company, not so interesting stock" label and I can't say that I feel like I've missed much. The shares are up about 5% since then, trailing the S&P 500 and really only performing well after a money transfer business agreement with Wal-Mart (NYSE:WMT). I'm more favorably inclined toward Euronet at this point, though, as I like the Wal-Mart agreement and the HiFX acquisition and the shares appear priced to offer a decent return.
Transactions Appear To Be Rebounding
As a business based in large part on collecting a (relatively) small fee on transactions, transaction volume is a major driver for the business. Euronet had...
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