Both Visa and Mastercard are in a great business. Every time somebody whips a card out of their wallet they make money and with little risk of any other company attempting to start up and share in this space. Brand recocnition for both should prove to be the gift that just keeps giving for years and years IMO. I too am long with 800 shares of V. This is a stock that I am not even thinking about trying to time and lock in short term profits. I feel V has a long, long way to go higher. Just think about the people that recently tried to time it and got out in the $76 range. Hope they were able to get back in because it all happenend pretty quick now in the $86 range.
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