NYSE:WUDiversified Financial
How Investors May Respond To Western Union (WU) Facing Cramer Critique And Convera’s Blockchain Shift
In recent days, Jim Cramer used his Mad Money lightning round to criticize Western Union’s earnings power and growth prospects, even as the company offers a relatively high dividend yield and low forward P/E.
At the same time, renewed attention on Convera’s partnership with Ripple highlights how Western Union’s former business unit is embracing blockchain payments infrastructure that the parent company once deemed too costly.
Next, we’ll examine how Cramer’s critique of Western Union’s...