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Global Payments Inc. (GPN): A Bull Case Theory

We came across a bullish thesis on Global Payments Inc. on Bob’s Payment Stock’s Substack by Bob Hammel. In this article, we will summarize the bulls’ thesis on GPN. Global Payments Inc.'s share was trading at $82.66 as of July 16th. GPN’s trailing and forward P/E were 12.56 and 6.45, respectively according to Yahoo Finance.

Global Payments' proposed combination with Worldpay could create a powerful merchant acquiring platform with global scale, diversified channels, and broad technological reach. The new Global Payments would benefit from significant exposure to attractive...