I will recommend him to buy mo

2022-05-07

I will recommend him to buy more $Visa(V)$share. $Visa(V)$is one of the few mega-cap companies to post an unequivocally positive earnings report this season.

As investors digest the impressive results, Visa shares should move higher: The company's fiscal second-quarter earnings leapt to $1.79 per share from $1.38 per share for the same period a year earlier. Importantly, this was miles ahead of analyst expectations at $1.65.

Payment volumes also jumped, surging 17% year over year, with all-important cross-border transactions up a sizzling 38%. Those international payments are vital, since Visa gets to keep a much higher take rate on that class of purchases.

While the tech sector is having a downbeat earnings season, the consumer is still strong and international travel is back on the upswing. With Visa stock still down sharply from its 52-week highs, opportunity lurks.

@TigerEvents

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Comments

invinsor
2022-05-08
invinsor
you can't go wrong with visa and Mastercard stocks . used all over the world.
th0mastan
2022-05-09
th0mastan
Agree that there might be value in payment counters, the key is buy at the right price. Given the market volatitlity, dont think any stock would be spared. Nibble/ accumulating slowly might be better
JC888
2022-05-08
JC888
Credit card remains "valid" until crypto takes over. That would be a day to behold. World govt may not wanna see this day materialising...
Kim Jeong 金熔
2022-05-07
Kim Jeong 金熔
sit back and relax... buyers market
BenjiFuji
2022-05-09
BenjiFuji
How does VISA match against Mastercard and AMEX?
PandoraHaggai
2022-05-07
PandoraHaggai
Your recommendation is right, man.

Leave a comment

299

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With Visa stock still down sharply from its 52-week highs, opportunity lurks.<a href=\"https://ttm.financial/U/3527667667103859\">@TigerEvents</a></body></html>","htmlText":"<html><head></head><body>I will recommend him to buy more <a href=\"https://ttm.financial/S/V\">$Visa(V)$</a>share. <a href=\"https://ttm.financial/S/V\">$Visa(V)$</a>is one of the few mega-cap companies to post an unequivocally positive earnings report this season.As investors digest the impressive results, Visa shares should move higher: The company's fiscal second-quarter earnings leapt to $1.79 per share from $1.38 per share for the same period a year earlier. Importantly, this was miles ahead of analyst expectations at $1.65.Payment volumes also jumped, surging 17% year over year, with all-important cross-border transactions up a sizzling 38%. Those international payments are vital, since Visa gets to keep a much higher take rate on that class of purchases. 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