We came across a bullish thesis on Corpay, Inc. on Outsized Returns’s Substack. In this article, we will summarize the bulls’ thesis on CPAY. Corpay, Inc.'s share was trading at $300.28 as of February 4th. CPAY’s trailing and forward P/E were 19.85 and 11.86 respectively according to Yahoo Finance.
Corpay (NYSE: CPAY), formerly FleetCor Technologies, is widely misclassified by the market as a commoditized payments company, while it has evolved into a highly embedded financial infrastructure business. Its solutions now span vehicle payments, accounts...
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