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.
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- invinsor·2022-05-08you can't go wrong with visa and Mastercard stocks . used all over the world.5Report
- th0mastan·2022-05-09Agree 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 better2Report
- JC888·2022-05-08Credit card remains "valid" until crypto takes over. That would be a day to behold. World govt may not wanna see this day materialising...3Report
- Kim Jeong 金熔·2022-05-07sit back and relax... buyers market3Report
- BenjiFuji·2022-05-09How does VISA match against Mastercard and AMEX?2Report
- PandoraHaggai·2022-05-07Your recommendation is right, man.2Report
- DonnaMay·2022-05-07VISA's latest results surprised me.2Report
- ElvisMarner·2022-05-07Lol if I were Warren Buffett I would buy Visa too.1Report
- AlexTan75·2022-05-09everyone use Visa👍1Report
- 秉汧·2022-05-09Buffett has chosen Amex instead1Report
- Ugly face·2022-05-08ok great1Report
- hellodarz888·2022-05-08how bout master1Report
- BYLI·2022-05-09Nice 👍🏻👍🏻👍🏻LikeReport
- Jason1616·2022-05-09Not much disruption for VISA, MASTER & AMEX.LikeReport
- Mjun·2022-05-10👍LikeReport
- WEE Yang·2022-05-09Ok1Report
- LYNNTOO·2022-05-09👍LikeReport
- KCNG69·2022-05-09👍LikeReport
- alylady·2022-05-09[Strong]1Report
- InterestR8·2022-05-09NiceLikeReport