greencapitalist

Why American Express Should Be Ignored

good call ian.

but remember even with v at 70, ma is dead cheap. so cheap it is trading at par with its growth for trailing and forward valuation. if market gives v, ma's valuation, v should be 60 to 64. this is hard to believe but in this bear market valuation compression will happen as it is happening for ma.

at 80 for v, it is really insane valuation. this means a 20% eps growth company like v, is being valued double that. no wonder it was sold off.

v has breached 70 support is super heavy volume. i wont touch v here. i will wait to see if 68 or 65 support holds.

as always ma is a strong buy here. <<<<matrader.blogspot.com&...;>>>

remember discover beat by 13%. v will smash by 25% and ma by 40%. why ma more beat. simple hyper europe story and strong global play. visa less of a beat because of strong america play where credit card market is to the full level.