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More on Visa's (V) FQ1: Revenue growth was broadly spread out between service, data processing,...

More on Visa's (V) FQ1: Revenue growth was broadly spread out between service, data processing, and international transactions. Total processed transactions up 4% to 14.2B. The company authorizes a $1.75B buyback of shares to bring its total outstanding authorization to $2.9B. Previous 2013 guidance is affirmed. V +0.3% AH. (PR)
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Comments (5)
  • chopchop0
    , contributor
    Comments (3526) | Send Message
     
    Beat on both lines, as usual. Market is coming to expect this.
    6 Feb 2013, 04:26 PM Reply Like
  • Snoopy1
    , contributor
    Comments (1115) | Send Message
     
    Good numbers but the stock already ran up to reflect this. Wouldn't be surprised to see Visa shares drift to the $152-155 area over the next several weeks.

     

    (Disclosure: long V and MA as largest holdings)
    6 Feb 2013, 08:01 PM Reply Like
  • chopchop0
    , contributor
    Comments (3526) | Send Message
     
    yup. Very fully valued here. Waiting for at least a 5% pullback to add to my long position (rarely does that lately)
    6 Feb 2013, 10:24 PM Reply Like
  • TrendRider
    , contributor
    Comments (89) | Send Message
     
    @ Snoopy1 and chopchop0, Visa looks to be range bound 50 ma is $156.66, as for the 5% pull back, new cash is entering the equities market and propping it up along with all the QE's! The only catalyst I can see is The re-emergence of The Euro-Zone debt-issue and the coming sequester/debt debacle in march, that congress keeps kicking down the road!
    7 Feb 2013, 10:24 AM Reply Like
  • chopchop0
    , contributor
    Comments (3526) | Send Message
     
    $175+ today :)
    2 May 2013, 10:16 AM Reply Like
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