Payment solution stocks are riding a huge bull run at the moment. The NOV stock has a tailwind in its favour here, the stock's story is just well disguised because they have a number of feathers in their cap. One more solid quarter should confirm they can perform across all quarters and the recent spike in growth wasn't just a one-off through the festive season. If tuition fees payments is going to be a cornerstone of the NOV business then that is great news; its a very reliable source of income that trickles in throughout the whole year rather than being condensed into just one or two months.
NOV Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
