Visa Inc. (V)

How to play Mastercard and Visa in ETFs? They're heavyweights in the tech ETFs; XLK-Q (Visa is large in this) if you want liquidity. Also look at IGM-N.

It is up today on their earnings. We are actually at support. If it corrects more it will go to $125. This is a good time for this stock.

He is looking to pick some up. It has come back to support. The trend is higher.

He thinks the valuation is in excess of its intrinsic value. He would look at it at $108 and even then feels it might be a gamble. If interest rates are looking to rise, this could create headwinds. He sees $140 as being critical support.

A big fintech company that’s continuing to expand. 30x forward earnings is a little expensive, he’d be more comfortable at 20-25x. Half positions only. Remember that they’ll be in all the ETFs.

He wished he had bought it. A global name and they're moving into countries where people use less cash. A great story. It's never been cheap. 30x forward earnings even during the current pullback. Buy it. The one risk is there are many players moving into fintech. Visa should still benefit from that and continue to do well.

He hasn’t evaluated the fundamentals lately, but he sees them continue to meet earning calls. It looks okay right now and likes the sharp corrective move lately as it feels more bullish. It has a loft valuation, but would continue to give it rope.

She likes this space--it's a play on e-commerce and in countries where cash and cheque dominate payments. Credit cards will continue to grow. Nothing wrong with buying in this pullback. They were getting pricey vs. a few weeks ago. She prefers Visa to MasterCard, because they brought in Visa Europe last year which will raise their international presence and introduce new products and grow the company.

(A Top Pick July 20/17, Up 52%) They have one of the most significant payment networks in the world. More and more people are moving to financial platforms. 60% of revenues come from personal expenditures. There is still a lot of runway.

Visa vs. Square He really likes the fintechs, including these. He owns both. They've had a wonderful run. Short-term,
we may see a brief rotation into the banks. But the fintechs are here to stay. They have years to rally.

(A Top Pick September 12/17 Up 38%) He loves the financial tech sector and the growing security tokens associated to these assets. He expects to see margins north of 60% to continue.

Sometimes the simplest investments are the best. Dominate global market for electronic payments. Huge network. Concern about disruptors, but they work with VISA, rather than disrupt them. Should do well long-term. A tollbooth for spending. Premium valuation, but an 18% growth rate. Great stock to own. Yield is 0.6%. (Analysts’ price target is $159.26.)

It was a great buy about 3 years ago. And since then it has been on a tear. It is a great company but he would not buy it due to valuation. He sold his last credit card company (AMEX) about 6 months ago.

Last half of the year is consumer spending season. Between August 2 and November 11 is prime seasonality. A defined pattern of higher highs and higher lows. Continue to ride that train.