Overlooked and Undervalued: Why Western Union Deserves Attention
Western Union (NYSE: WU) had a good thing going for a long time. When people needed to send money to loved ones or others far away, it was one of the best options, if not the only one. But times have changed. Enter fintech (financial technology) companies, which let people send money easily via apps on their smartphones, among other innovations.
Times have been tough for Western Union lately, and the stock has averaged annual losses of 10% over the past five years. Ouch.
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Source Fool.com
