VeriFone (PAY: $37/share) is in the Danger Zone this week according to our investment research.
VeriFone manufactures point of service (POS) terminals for credit cards and provides services and software related to processing payments. VeriFone (PAY) is the market leader in POS solutions in the United States, with 60% of the retail terminal systems market.
Listen to David Trainer discuss VeriFone with Chuck Jaffe of Money Life and MarketWatch.com.
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