Visa to Only grow I would like to bring into perspective the stock of Visa (V). Recently it IPO around $46 and in a month it is trading at $71, a $25 profit per share. The firm which is the largest credit card issuer in the world, with cards in over 167 countries and trillions of transactions; this firm only sees profits. With little risk to market tendencies, Visa (V) is a clear money maker with revenue coming from interest on purchases. On an economic note, as the population grows, so does consumer spending on products and services. So as long as people need to purchase thngs there will most likely be a Visa (V) credit card in their hands. The nearest competitor is Mastercard (MA) which is trading at $235 in two years from it's IPO at $44. There is no doubt that Visa (V) will surpass this mark in two years itself with it being larger in every way than mastercard in assets and cards on the market. One stock that should be watched and maybe placed into your portfolio has to be Visa (V).
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