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First Data Introduces SpendTrend Holiday Insights Dashboard
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Shares of First Data Corporation have gained 4.5% year to date, against the 11.1% decline of the industry it belongs to.
The company recently launched SpendTrend Holiday Insights, a real-time spending dashboard.
It is useful in providing insights into spending trends across industry verticals and payment types. The analysis encompasses card-based payment forms and is based on actual, same-store-sales activity. Growth rates reflect a comparison of season-to-date trends on year-over-year basis.
Insights include seasonal growth rates for overall and industry-specific spending categories, geographic spending patterns and special day-range callouts. It delivers a daily ranking of the most active subsectors and a view of dining spend velocity. Results are based on data driven from transaction activity from a selected subset of First Data’s processing portfolio.
“Holiday Insights provides real-time information for the upcoming high-volume consumer spending holiday season,” stated Glenn Fodor, senior vice president and head of First Data Insights.
The move is expected to boost the Global Business Solutions (GBS) segment, which offers a wide range of solutions that include E-commerce, mobile commerce, point of sale and merchant acquiring.
This segment performed decently in the last reported quarter, generating revenues of $1.38 billion, up 10% on a year-over-year basis.
A few better-ranked stocks in the broader Zacks Business Services sector are Paychex, Inc. (PAYX - Free Report) , WEX Inc. (WEX - Free Report) and Automatic Data Processing Inc. (ADP - Free Report) , each carrying a Zacks Rank #2 (Buy). Long-term expected EPS (three to five years) growth rates for Paychex, WEX and Automatic Data Processing are 8.5%, 15% and 12.5%, respectively.
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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First Data Introduces SpendTrend Holiday Insights Dashboard
Shares of First Data Corporation have gained 4.5% year to date, against the 11.1% decline of the industry it belongs to.
The company recently launched SpendTrend Holiday Insights, a real-time spending dashboard.
It is useful in providing insights into spending trends across industry verticals and payment types. The analysis encompasses card-based payment forms and is based on actual, same-store-sales activity. Growth rates reflect a comparison of season-to-date trends on year-over-year basis.
Insights include seasonal growth rates for overall and industry-specific spending categories, geographic spending patterns and special day-range callouts. It delivers a daily ranking of the most active subsectors and a view of dining spend velocity. Results are based on data driven from transaction activity from a selected subset of First Data’s processing portfolio.
“Holiday Insights provides real-time information for the upcoming high-volume consumer spending holiday season,” stated Glenn Fodor, senior vice president and head of First Data Insights.
Holiday Insights is currently available at www.firstdata.com/SpendTrend through Jan 3, 2019.
The move is expected to boost the Global Business Solutions (GBS) segment, which offers a wide range of solutions that include E-commerce, mobile commerce, point of sale and merchant acquiring.
This segment performed decently in the last reported quarter, generating revenues of $1.38 billion, up 10% on a year-over-year basis.
Zacks Rank & Stocks to Consider
Currently, First Data is a Zacks Rank #3 (Hold) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
A few better-ranked stocks in the broader Zacks Business Services sector are Paychex, Inc. (PAYX - Free Report) , WEX Inc. (WEX - Free Report) and Automatic Data Processing Inc. (ADP - Free Report) , each carrying a Zacks Rank #2 (Buy). Long-term expected EPS (three to five years) growth rates for Paychex, WEX and Automatic Data Processing are 8.5%, 15% and 12.5%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
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