Visa, Inc. (NYSE:V)
Visa operates a global electronic payments network, allowing customers to use credit cards instead of cash.
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Cash is becoming obsolete. Visa and MasterCard will always be around.
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Visa practically owns the entire electronic banking platform, with master-card of course. Stock is way undervalued.
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Like death and taxes, Visa and MC will always be around.
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I think this run-up is a little overdone given there is still some potential regulatory risk out there
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Long Term growth play.
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$110 price target discussed on CNBC
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Tremendous brand, international expansion, relatively immune from economic downturn, very little exposure on their balance sheet
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Visa and Mastercard you can't go wrong with. Demand, demand, demand
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does anyone use cash anymore?
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market leader in credit card business
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I have been around the world and used VISA cards on 5 continents. Now I see that in California every new applicant for unemployment benefits gets a you guessed it a VISA debet card. Plastic money is a growth industry.
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As one of the world payment playsers, Visa will benefit from the move to NFC and m-money.
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little debt and transaction based
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The world is moving away from cash and checks so Visa should be a good investment for the next 5-10 years.
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Buy this before Buffet does.
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Two simple rules. You buy. You hold.
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Currently Undervalued. Corrective gains, as well as a gradual increase in dividend yield.
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I actually got in when V was close to $60 a couple years ago but never made my pick in here. Even at this price - its credit and people will always need it.
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I feel that Visa is a solid long term play with a 3 year history (since going public) of consistent positive growth.
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