Western Union Is A Buy, Trading At A 12% Discount To Fair Value
Photo by wdstock/iStock Editorial via Getty Images
In the payment transfer sector, veteran firm Western Union (WU) remains ahead of the pack – and despite the competitive pressures it faces, I believe it will be able to retain its competitive edge going forward. As a result, it is an attractive option for prospective investors seeking a value stock in an overvalued market.
What competitive pressures does Western Union face? Traditional rivals such as MoneyGram International (MGI) is one of the…
