Friday, May 18, 2007

Western Union Co. (WU)

WU's earnings just came out and they lowered guidance because of less illegal immigrant activity. This was pretty obvious as it was the subject of the State of the Union. However, the company itself is awesome. It's just a hot IPO. The stock hit 24 earlier this year and I wouldn't be surprised if it hit it again in the next 6 months.
Holding duration: 2 earnings reports
Expected return: 11%
Risk: low

No comments: