Hot Supermarket Stocks To Own For 2014

Hot Supermarket Stocks To Own For 2014: Green Dot Corporation (GDOT)

Green Dot Corporation operates as a bank holding company. It offers general purpose reloadable prepaid debit cards, and cash loading and transfer services in the United States. The company's products include Green Dot MasterCard, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift cards; and MoneyPak and swipe reload proprietary products that enable cash loading and transfer services through its Green Dot Network. Its Green Dot Network enables consumers to use cash to reload its prepaid debit cards or to transfer cash to any of the company's Green Dot Network acceptance members, including competing prepaid card programs, and other online accounts. The company markets its cards and financial services to banked, underbanked, and unbanked consumers. Green Dot Corporation offers its products and services through retail distributors, including mass merchandisers, drug store and convenience store chains, and supermarket chains; the Internet; and relationships with other businesses. Its prepaid debit cards and prepaid reload services are available to consumers at approximately 60,000 retail locations nationwide and online at greendot.com. The company was formerly known as Next Estate Communications, Inc. and changed its name to Green Dot Corporation in October 2005. Green Dot Corporation was incorporated in 1999 and is headquartered in Pasadena, California.

Advisors' Opinion:

• [By Lauren Pollock]

  Green Dot Corp.(GDOT) posted better-than-expected third-quarter results and lifted the lower end of its full-year guidance, touting more customers receiving recurring direct deposits. The company’s chief executive also said it was well positioned to return to double-digit revenue growth as Green Dot looks towards 2014.

• [By Rich Bieglmei! er]

  Green Dot Corporation (GDOT) will host a conference call to discuss third quarter 2013 financial results on Thursday, October 31, 2013 at 4:30pm ET. A press release with third quarter 2013 financial results will be issued after the market closes that same day.

• [By Dan Newman]

  Even with Radiohead's questionable outcome with the scheme, Green Dot's  (NYSE: GDOT  ) GoBank, launched in January, is offering checking accounts where its members decide what to pay as a monthly fee, between $0 and $9. Does this make any sense for the company to think customers will voluntarily pay?

• [By Rich Smith]

  This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines include upgrades for both Denny's (NASDAQ: DENN  ) and Green Dot (NYSE: GDOT  ) . But stocks can reach buy ratings in ways other than actual upgrades. So before we get to those two, let's first take a quick look at why ...

source from Top Stocks Blog:http://www.topstocksblog.com/hot-supermarket-stocks-to-own-for-2014.html