|Bid||139.50 x 2200|
|Ask||142.84 x 800|
|Day's Range||139.93 - 140.99|
|52 Week Range||93.19 - 140.99|
|PE Ratio (TTM)||35.45|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||0.84 (0.60%)|
|1y Target Est||149.65|
“These are some of the best businesses there are,” Morgan Stanley said in upgrading the payments and processing industry to attractive.
A somewhat quiet turnaround for American Express (NYSE:AXP) has done wonders for American Express stock. American Express was up just 3.7% YTD before falling in after-hours trading after missing Street consensus for revenue in its Q2 results. To be sure, Q2 numbers look reasonably strong, and American Express stock remains rather cheap.
Investors panicked over rising rates. Consensus was that bank stocks cant rally! However for the last few days, some of them have caught a nice bid. The upside of falling bank stocks is that it created a strong value in almost all major financial institutions.
American Express gives, you get. On June 27, 2018, American Express benefited greatly from a Supreme Court ruling which stated that vendors can't nudge customers towards using one type of debit or credit card over another. American Express typically charges higher fees, making it in merchants' best interest to urge customers to use other cards.
Visa V has been on a tear this year, up 23 percent and leading the Dow. TradingAnalysis.com founder Todd Gordon is betting on a bigger rally for the stock when it reports earnings next week. Gordon told CNBC’s “Trading Nation ” on Tuesday that “there’s not much to dislike” about the chart of the credit card giant, referring specifically to what he describes as a “beautiful uptrend” for Visa that has been in place since February.
Visa Inc. today announced that on July 16, 2018, its board of directors declared a quarterly cash dividend of $0.21 per share of class A common stock , payable on September 4, 2018, to all holders of record as of August 17, 2018.
Now that second-quarter earnings season is in swing, we've already heard from a number of big banks, although with mixed reactions. On the payments side of financials, Oppenheimer's Glenn Greene takes a look at Mastercard (MA) and Visa (V) ahead of their reports, writing that he expects their robust run to continue. Greene reiterated an Outperform rating on both stocks Tuesday, and raised his price target on Mastercard to $215 from $197, and for Visa to $154 from $143.
The Digital Payments and the Global Informal Economy report, a first-of-its-kind study, measures the size of the informal economy across 60 countries over a 10-year period, and explores the role of digital payments in reducing the informal economy and boosting GDP and tax revenue in these countries. The global informal economy - legal, income-generating activities conducted off-the-books and outside of government purview - is substantial, exceeding US$10.7 trillion in value of economic activity, or 23 percent of global GDP.
Visa’s (NYSE:V) stock chart is almost boring to look at. Shares have been steadily climbing for several years now; there are little to no significant downtrends evident in the chart’s five-year view. And in 2018 thus far, V stock has gained over 22% — more than four times better than the broader market.
Visa data shows that international travelers from the United States and Mexico continue to lead in-stadium purchases for foreign spenders at the FIFA World Cup™
Man, do I wish I was a bigger fan of World Wrestling Entertainment (NYSE:WWE). Of course, that’s no guarantee that I would have caught any of the 265% rally in WWE stock over the past year, but it certainly would have helped.
Jim Cramer explains why the stocks of Mastercard and Visa have strong safeguards against the brewing U.S.-China trade conflict.
Visa Inc. and Mastercard Inc. are both putting money aside for impending settlements in a long-running merchant suit, but investors will see these preparations reflected very differently in the companies’ financials.
MIAMI, July 10, 2018 /PRNewswire/ -- Visa (NYSE:V) today announced the launch of Visa Loyalty Solutions (VLS), an omnichannel digital points redemption platform available to all issuing banks in Latin America and the Caribbean (LAC) and offering consumers more than a quarter of a million redemption options. Visa Loyalty Solutions was co-created by Visa LAC in collaboration with global FinTech and InsurTech company novae.
To receive further updates on this Square Inc (NYSE:SQ) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of SlingShot Trader today. Last week was a busy one for Square Inc (NYSE:SQ), as the company has withdrawn its bank-charter application with the Federal Deposit Insurance Corporation (FDIC).
Midterm elections are just four months away. At the recent MoneyShow Las Vegas, four leading investment experts — Keith Fitz-Gerald, Mike Larson, Mark Skousen and Louis Navellier — offered their top stock ideas that could perform well in any political environment. The midterm election to me is all about security.