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Business / Money

Alliance Data Systems Stock Has Growth Potential Once Consumer Spending Recovers

Published Nov 03 2020 at 10:30 AM GMT
Forbes

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Points
  • We believe that Alliance Data Systems stock has an upside potential of 60% over the next 1-2 years, when the user transaction volumes return to the pre-crisis levels.
  • ADS trades near $52 currently and it has lost 54% in value year-to-date.
  • It traded at a pre-Covid high of $101 in February.
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  • Published Nov 3, 2020 10:30 AM GMT