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OklaBoston (60.55)

Why I'm ending my "outperform" pick on Visa (V)



May 23, 2009 – Comments (1)

The Co. will almost certainly be profitable in the future, but it will probably also be the kind of low-beta stock that outperfoms bear markets but underperforms bull markets. Since I think, and hope, that we are in the very early stages of a bull market..

I don't plan on entering an "underperform" pick on this stock, since I don't think it's all that certain that we ARE in a bull market. And picks on low-beta stocks probably won't score many points either way.

1 Comments – Post Your Own

#1) On May 23, 2009 at 2:37 PM, FinancialModeler (25.12) wrote:

It's not cheap either. Good choice.

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