BUY Conviction3/5 Analysis quality70/100 now
Joseph Hogue recommends Cantaloupe Inc. as a growth play in the payment processing industry, specifically for vending and kiosk businesses. The company has a strong subscription model with 82% recurring revenue and expects mid-teens revenue growth this year, benefiting from the rebound in physical retail.
“I like this one for that rebound potential and it's got a strong subscription model with 82% of its revenue from those recurring customers.”