Financial Cents

Visa: Positioned for Strong International Growth

I have to disagree. 62% of Visa's business is in the U.S. With more banks failing each week, it's just a matter of time that new credit cards will be difficult to obtain and limits will be drastically reduced for cardholders. This reduced credit consumption will mean less transactions for Visa which will not bode well for the stock. I don't see much upside for the near term.