Financial Cents

Priceline and Visa: Two Stocks To Buy Now

I'd have to disagree with your analysis with Visa. 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. We are only in the early innings of this credit crisis. I can't imagine how Visa can do well in this kind of deflationary environment going forward.