Why American Express Should Be Ignored [View article]
Nope.
V and MA make money by the swipe, and swipes are way up. The number of swipes will continue to climb as the BRIC countries expand their middle class. V is particularly poised for a breakout with the upcoming Olympics. Both of these stocks have been unfairly punished because they are incorrectly being lumped in with Financials.
IMO, it's already pulled back as far as it's going to. I don't expect to see the 70's again. My guess is that it will trade in the low to mid-80's for a while before plowing through $90. It will probably hold in the 90's for a month or so, and we'll see triple digits by July 4th.
Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak [View article]
MA IPOed at $39.00 and now trades for over $200. What is stopping V, which is superior to MA in everyway, from having the same success? There are very, very few "no-brainers" out there. IMO, V is one of them.
Card Issuers: Facts and Fictions [View article]
Credit Cards Are Feeling the Crunch [View article]
Credit Cards Are Feeling the Crunch [View article]
Credit Cards Are Feeling the Crunch [View article]
Why American Express Should Be Ignored [View article]
V and MA make money by the swipe, and swipes are way up. The number of swipes will continue to climb as the BRIC countries expand their middle class. V is particularly poised for a breakout with the upcoming Olympics. Both of these stocks have been unfairly punished because they are incorrectly being lumped in with Financials.
Visa Estimates Upped Through 2010 [View article]
Visa Estimates Upped Through 2010 [View article]
Visa Keeps Charging Ahead [View article]
U.S. Credit Card Performance Deteriorates - Again [View article]
Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak [View article]