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Investment Thesis
The Green Dot Corporation (NYSE:GDOT) is a financial technology company. The company will be one of the biggest beneficiaries of the secular growth in the industry due to the impact of the covid-19
Green Dot: Undervalued Secular Growth Opportunity
Summary
- Digital payments on rise and GDOT is well positioned to be one of the biggest beneficiaries.
- The company repurchased 914K shares worth $25 million of the $100 million authorized share repurchase fund.
- Starboard Value pushing for structural changes in GODT with a view to improve profit margins and drive free cash flow growth.
- I assign a buy rating for GDOT after considering all the growth factors and undervaluation on the basis of PE analysis.
I am an Equity Research Analyst. I have a passion in researching undervalued companies with high growth potential. Having 4 years of fundamental analysis experience at hand, I look forward to keep investors informed about the lucrative investment opportunities in the Equity market.
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