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Enter Symbol:
 
NetSpend Holdings Inc (NTSP) [hlAlert]

Rating:
Outperform
NTSP
up 19.25 %

NetSpend (NTSP) rated Outperform by William Blair

Posted on: Tuesday,  Nov 30, 2010  12:25 PM ET by William Blair

William Blair rated Outperform NetSpend Holdings Inc (NASDAQ: NTSP) on 11/30/2010, when the stock price was $13.40. Since
then, NetSpend Holdings Inc has gained 19.25% as of 06/28/2013's recent price of $15.98.
If you would have followed this William Blair's recommendation on NTSP, you would have gained 19.25% of your investment in 941 days.

NetSpend Holdings, Inc. (NetSpend) is a provider of general-purpose reloadable prepaid debit cards (GPR) cards, and related alternative financial services to underbanked consumers in the United States. NetSpend?s GPR cards are tied to the Federal Deposit Insurance Corporation (FDIC)-insured depository accounts and can be used to make purchase transactions at any merchant that participates in the MasterCard, Visa or PULSE networks and to withdraw funds at participating automated teller machines (ATMs). The Company also offers to its cardholders direct deposit, interest-bearing savings accounts, bill pay and card-to-card transfer functionality, personal financial management tools and online and mobile phone card account access. As of December 31, 2010, the Company marketed its GPR cards through approximately 750 retail distributors at approximately 39,000 locations. As of August 21, 2010, the Company ceased marketing gift cards.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/30/2010 12:25 PM Buy
None
13.40
as of 12/31/2010
1 Week up  17.32 %
1 Month up  7.25 %
3 Months up  7.25 %
1 YTD up  7.25 %

(*) Stock Price at the time of the recommendation.
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