Visa Inc. (V)

He owns Visa, though he loves both this and Mastercard. Mastercard's ROE is a bit higher and the company is a little smaller than Visa, but he finds both are excellent companies.

Amazing chart. It continues to rise, because it grows revenues at double-digits as well as profit margins at nearly 20% a year. There's such demand for its services as more developing economies move away from cash to online shopping.
the multiple is not cheap, but there isn't serious competition against Visa.

It has been a great long term hold for his clients. It has good growth, trading at a slightly high multiple. The business continues to grow. You might want to buy on slightly lower prices.

It has a huge downside risk. It is trading at nearly 9 times book value. It is now well ahead of its fair market value. It has a risk of going to $80.

She has owned this for a few years and likes it. The penetration of e-payments is high in developed economies, but still low in emerging markets--there's still huge secular growth in e-payments. Visa bought out Visa Europe a year ago and are integrating now. This should improve Visa's margins and profits for the next few years.

(A Top Pick April 6/17 - Up 36%.) Still like it. Trading at 26 times forward earnings with 17% growth rate. You pay a little bit of a premium, but they dominate the payment space. They control 50% of credit card payments and more than 50% of debit card transactions. As people move from cash to plastic they benefit.

(A Top Pick May 17/17 Up 32%). The company has made the use of their card easy and secure. They do all the right things and valuation is fair. It has consistent recurring revenue.

A wonderful long-term growth story. Transactions and societal wealth around the world continue to grow. But storm clouds may be increased digitization, including blockchain technology, and government regulation, such as the EU threatening interchange fees. It's possible it could come under investigation for the amount of data it collects.

Owns Mastercard instead, but the story is the same. They both dominate credit cards worldwide. As we move into e-payments, both are prepared. Both will continue to move up. As for blockchain, they may get involved as an application.

Long held this, and it's a good peformer. Processed 1.9 trillion transactions last year. Growing at a 20% annual rate. Multiple around low-mid-20s. High in earnings predictability with no surprises. 61% of business is outside North America. All good.

Trading at 27x forward earnings. Loves Visa. Its secular growth is fuelled by increasing consumer spending around the world. Plastic payments will continue to overtake cash. A sunny long term here. Apple Pay, for instance, are partnering with cmpanies like Visa, so Visa will benefit from (and not be threatened by) e-payments.

Had owned it for a couple of years. A play from a cash society (particularly in emerging markets) to digital payments. Visa bought Visa Europe and its going to be additive to earnings. Would buy and still like it.

This company is a core holding longer term. It is the play on digital, not bitcoin. They are well positioned, the multiples are good value, and there is 20-30% revenue growth opportunity. If crypto-currency is found to be more secure, this could face headwinds. Yield 0.7%. (Analysts’ price target is $140.72 )

VISA (V-N) vs MasterCard (MA-N)? He would probably look at VISA as it has had a more stable ride.

Visa (V-N) vs Mastercard (MA-N). Which would you buy? Visa is the largest, best player. Mastercard is more international. Visa just bought the European side which adds value. Both track well and perform similarly, but both trade higher than the banks, which could be risky in a volatile market. Both good long-term companies, because there is a move away from cash to electronic payments. Both trade at high multiples. Mastercard has developed technology more aggressively, but has been playing catch up on the international side.