007ws
2022-11-02

My money is on $Visa(V)$and $MasterCard(MA)$. These companies have reported higher cross border payments revenue from improved tourism flows. At the same time, ppl are still spending even as inflation climbs higher. 

October review: Dow gained 14%; Opportunities in these companies?
Dow's October's 14% gain was historical: the largest gain since 1976 outperformed the Nasdaq by about 10 percentage points. The broader market was also strong in October. ---------- [TOPIC] Which company do you prefer in the Dow's components? How did your portfolio perform in October? Do you think November will continue this rally? ---------- [REWARDS] All Tigers will be given 50 coins at least for posting in the TOPIC page!​
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Comments

  • klarky
    2022-11-03
    klarky
    yes people keep using them but once recession fully hits will these people be able to pay them off? I have never carried a balance, but know several people do make minimum payments. eventually interest drowns them!
  • boardy
    2022-11-06
    boardy
    I suppose inflation means the card payment dollar volume should easily increase.
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