Visa Inc. (V)

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.

A wonderful company with tremendous expansion prospects around the world, especially Asia where credit cards are not used as much as in North America. The growth runway is very long.

Chart has gone straight up since. No reason to sell it, especially with Christmas coming.

He likes this stock. He owns MasterCard but likes both. This stock has done great. If he is right in a correction over the next 2 months, may be able to buy on a dip. This stock will not be trending down anytime soon.

He has owned it for a long time. It has been a great holding. This is a juggernaut, they do over 1 trillion transactions per year, more than MasterCard and AMEX combined. They have taken ownership of Visa in Europe, where cash is still used more than in the U.S. This provides a big opportunity for expansion. Debit is now 60% of their business, and international is 60% of their business, these support rapid growth. Visa is not cheap but it is very stable and worth owning.

She owns this. Stock has done well. Bought out Visa Europe. It is about the move to electronic payment. Visa owns this huge network and will benefit from this.

Pullback today is OK. Use a 50-day moving average, buy and hold until it breaks that. Some issues around $121, then broke out and made new highs. OK to buy, beautiful looking chart. If you’re a short-term seller, reduce near $138 and sell at $134.

It has had a tremendous appreciation in its share price over time. If you look at it from a value perspective it is always too expensive. 22-29 times. It is at about 35 times now. He would be shy to enter it because of this but if you own it, you might trim it or move to APX-N (American Express). There is a big spread in valuation, bigger than normal.

Great story. It is like a toll booth. They don’t take credit or interest rate risk. Capital light. They don’t own it because they think it is expensive. The one risk that some people see is the fintech disruption. Growth is in the Emerging Markets.

It is near 25 year highs and trades at record levels. He sees more pressure coming from other forms of payment, to their margins. It was a great company to have in the past but he would not to continue to hold it.

A quarter-trillion market cap. Grew revenues at 13% YOY and earnings 24% YOY. It continues to grow, the grandaddy of payment companies. It trades in the high-$20's, so not cheap, but this company walks the walk. (Analysts' price target: $148.24)