|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||106.97 - 107.70|
|52 Week Range||75.17 - 109.26|
|PE Ratio (TTM)||40.00|
|Forward Dividend & Yield||0.78 (0.73%)|
|1y Target Est||N/A|
Like seemingly every other stock in this market, Visa Inc (NYSE:V) has been red-hot in 2017, with V stock up nearly 40%. Visa, along with Mastercard Inc (NYSE:MA), were two of my favorite long-term holdings, but these big runs — MA stock is up even more — have left me in a bind. In fact, Visa and Mastercard were part of my Future Blue Chip holdings.
Costco Wholesale Corporation (NASDAQ:COST) has spent the last four months playing victim to the Amazon.com, Inc. (NASDAQ:AMZN) reign of market terror. Investors who hoped the beef would appear in the form of reduced sales numbers left hungry. On Oct. 5, Costco earnings beat expectations.
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Moody's, Visa, Apple and Wal-Mart Stores
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Visa Inc. said late Wednesday its board of directors declared a dividend of 19.5 cents a share of class A common stock, an 18% dividend rate increase. The dividend is payable on Dec. 5 to shareholders ...
The U.S. Supreme Court on Monday agreed to decide whether American Express Co is violating federal antitrust law by forbidding merchants that accept its credit cards from encouraging customers to use rival cards that charge lower fees. The justices will hear an appeal by 11 states led by Ohio that had sued American Express of a 2016 lower court ruling that endorsed the legality of the company's "anti-steering" provisions in contracts with merchants. Merchants annually pay more than $50 billion in so-called swipe fees to process credit card transactions, and these fees can be passed along to customers through higher prices.
The beauty of Visa is that its core business does not endure any material risk as far as the transactions themselves. V stock is not about revenue from interest or fees from account holders. All Visa does in this arena is to “administer the collection and remittance of interchange reimbursement fees.” V stock revenues comes from its processing and operational systems.
Warren Buffett famously said, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” That maxim applies well to Visa Inc (NYSE:V) at the moment. Earnings per share are guided to increase 20% in FY17, a huge number for a $243 billion company.
Bernstein's Lisa Ellis, the No. 1-ranked payments analyst, thinks Visa and MasterCard will hold their own amid the "real" rise of bitcoin.
Square Inc (NYSE:SQ) stock has soared. The Square stock price has more than doubled since SQ earnings for Q4 were released back in February. SQ stock investors aren’t disappointed, obviously, but there are real reasons for the optimism toward SQ stock at the moment.
TOKYO (AP) — Asian shares advanced Thursday, taking their cue from the latest record highs on Wall Street. Chinese investors are holding back ahead of a key communist party meeting next week.
U.S. and Turkish officials will meet in the coming days to try to defuse a diplomatic crisis over Turkey’s arrest of some U.S. citizens and local consular workers, Turkey’s Deputy Prime Minister Bekir ...
The U.S Payment Processing industry significantly gains from the improving U.S economy, healthy consumer confidence, aggressive Mergers & Acquisitions strategies as well as increasing investment in technological upgrades.
Wells Fargo upgraded Visa Inc (NYSE: V ) to Outperform and increased the price target for the stock from $100 to $120. The firm has resumed coverage for American Express Company (NYSE: AXP ) with an Outperform ...