Visa, Inc. (V)

TheStockoholic (< 20) Submitted: 3/20/08 8:55 PM : Start Price: $58.20 V Score: 21.71

Visa is an extremely well known American company long overdue for its debut on Wall Street. Since its recent IPO, the stock has soared so far. The leader in the industry, Visa makes money on most transactions and increasingly more people are using cards today as we move away from cash. People are using credit cards for more things today than they used to not only for things like gas and groceries, but also for paying their bills, car payments, insurance, you name it -- and Visa only stands to make money from it. As this tumultuous market continues, expect to see a pull-back or two, but in the long run this stock will climb just as Master Card did. This is definitely a long term hold. Get ready to make money.

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