Core Insights - Global Payments Inc. is shifting towards high-margin, software-centric commerce enablement, which is perceived to be undervalued by the market [1] - The company is divesting older, lower-profit divisions, indicating a strategic focus on more profitable areas [1] - Recent earnings reports reflect this transition and the potential for growth in the software-centric segment [1] Company Strategy - The company is actively selling off less profitable divisions to enhance overall profitability [1] - The pivot towards software-centric solutions is expected to drive higher margins and better market positioning [1] Market Perception - There is a discrepancy between the market's perception of Global Payments' value and its actual performance and strategic direction [1] - The focus on small- to mid-cap companies allows for a broader understanding of market dynamics, although large-cap companies like Global Payments are also analyzed for comprehensive insights [1]