Credit Card Spending on the Global Rise [View article]
Hi V Winner:
I have been reading your posts, made an investment in Visa, and paid off very well. I also made an investment in MA and it paid off very well too.
The question is V can't run forever because ultimately every stock is guided by hard revenue numbers and profits. V has indicated 11-12% growth. The market cap of V has to correspond to these revenue numbers and it just can't go up forever unless of course the revenue and profit numbers go up at a dizzying pace.
When you say V will reach $300 can you shed some light on the numbers that you are twirling around so that I feel safe with V over the longer run?
Credit Card Spending on the Global Rise [View article]
I have been reading your posts, made an investment in Visa, and paid off very well. I also made an investment in MA and it paid off very well too.
The question is V can't run forever because ultimately every stock is guided by hard revenue numbers and profits. V has indicated 11-12% growth. The market cap of V has to correspond to these revenue numbers and it just can't go up forever unless of course the revenue and profit numbers go up at a dizzying pace.
When you say V will reach $300 can you shed some light on the numbers that you are twirling around so that I feel safe with V over the longer run?
Thanks,