|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||152.85 - 155.68|
|52 Week Range||116.03 - 156.82|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||32.93|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||1.00 (0.65%)|
|1y Target Est||161.33|
Insurance data company Ebix (NASDAQ:EBIX) has been evolving and increasingly, Ebix stock has started a slow march up. It's a pleasant surprise as I first ran into this company almost a decade ago, when I was still at ZDNet.At the time they were buying a health care information company called A.D.A.M., for $66 million. I recently found my story on the Ebix Web site.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSince then, Ebix has ridden a lot of ups and downs. The stock traded as low as $9.26 per share in 2012. But it found its footing and rose to as much as $83 per share last year. It opens for trade March 12 at about $51.30 per share.Ebix is worth looking at again because it's no longer the company it was. It's a broader company, with interests in insurance as well as health care. It is also much more focused on India, which is where CEO Robin Raina hails from.That's the real story. * Top 7 Service Sector Stocks That Will Pay You to Own Them Payment Innovation and Ebix StockTransaction processing has long been an American lake, dominated by Visa (NYSE:V), MasterCard (NYSE:MA), and their networks of processing partners, many of which have operations in Atlanta, where Ebix is based in the suburban town of John's Creek.But India's government recently pushed through a powerful transaction processing innovation, a Unified Payments Interface that has made India the innovation center of the global payments industry.Not only did India create a low-cost payment infrastructure, it also pushed people to use it, banning high-denomination bills to fight tax evasion and pushing commerce into the new system.The rise of low-cost digital payments has boosted Alibaba Group Holding (NASDAQ:BABA), Tencent Holding (OTCMKTS:TCEHY) and even American companies like Alphabet (NASDAQ:GOOGL) and Facebook (NASDAQ:FB), all of which have taken advantage of the new infrastructure, at the expense of banks and traditional processors.This is what Ebix is tapping into. India Moves and Ebix StockEbix' market cap is barely $1.5 billion, but U.S. dollars go a long way in India.The company has made 11 deals in India in just 14 months, all in various areas of ecommerce infrastructure. The purchases cost about $500 million. Raina wants to invest another $500 million this year, and take what had been the remittance system ItzCash, now renamed EbixCash, public.Raina's latest deal, announced March 11, is a proposal to buy Yatra Online (NASDAQ:YTRA), the ticketing firm behind Yatra.com, an Indian rival to Expedia (NASDAQ:EXPE) or Booking Holdings (NASDAQ:BKNG).The company had already bought 80% of Zillious, another online travel booker. The plan is to make Yatra part of EbixCash, then take the whole thing public.On March 1, Ebix announced its revenue for 2018 was up 37% to $497.8 million and a few days later it announced plans to be at a run rate of $750 million by the end of this year. The country's footprint in India is large enough for it to sponsor one of the country's leading business conferences and host the country's Prime Minister, Narendra Modi. The Bottom Line on Ebix StockIndia is one of the world's fastest growing economies, and electronic transactions, thanks to government help, are one of the fastest-growing parts of that economy.Ebix has transformed itself, in barely a year, from a small American company focused on health payments into a real competitor inside this enormous opportunity.It has taken real risks to do this, with long-term debt of $274 million and a revolving line of credit worth another $424 million. Its operating cash flow, $89.8 million last year, can hardly keep up.Ebix is all-in on India and has made itself a speculative stock in the process. But speculating on Ebix stock is worthwhile, and if you want that kind of international exposure, here it is.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post EBIX Stock Is Risky at Best but Still Worth a Good Hard Look appeared first on InvestorPlace.
HONG KONG and SINGAPORE, March 20, 2019 /PRNewswire/ -- EMQ, a leading cross-border settlement network in Asia and Visa (NYSE:V) today announced a strategic partnership to offer cross-border remittances across Asia Pacific. This partnership pairs the capabilities of EMQ's extensive network and Visa's real-time push payments platform, Visa Direct, to offer customers superior cross-border solutions with greater choice, transparency, and flexibility.
With the fourth-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the first quarter. One of these stocks was Visa Inc (NYSE:V). Visa Inc (NYSE:V) has experienced an increase […]
Visa Inc. said Monday that it will offer specials to cardholders who spend at the new Hudson Yards complex on New York City's west side. Hudson Yards includes a shopping and restaurant destination as well as other amenities. Visa is the "official payment technology partner" for the development. Launch promotions include access to a "secret menu" at the Fuku restaurant, and a private tour of the Hudson Yards Gallery. Visa cardholders can take their card to donate to Women's World Banking, which benefits low-income women entrepreneurs. Visa shares have gained nearly 18% for the year to date while the S&P 500 index is up 13.1% for the period.
Today, Visa (NYSE:V) celebrates the opening of Hudson Yards, New York’s newest neighborhood that merges the best in culture and commerce at a must-see destination. As the Official Payment Technology Partner at Hudson Yards, Visa plans to offer Visa cardholders exclusive access to on-property experiential, retail and dining experiences.
Mastercard's (NYSE:MA) battle with long-time archrival Visa (NYSE:V) continues, with a win in the bidding for fintech firm Transfast. Coming in the wake of losing out in an effort to purchase a similar company, cross-border payments network provider Earthport, MA stock investors can be confident the payments processor is doing all it can to remain competitive.Both Mastercard and Visa have seen their stocks rise as the world moves to cashless economies. With the evolution to digital money, the entire payments industry continues to benefit from double-digit profit growth.At the same time, it makes a decision to invest in MA stock or V shares more than a simple buy-or-sell question. In this industry, investors should not ask if they should buy Mastercard stock; they should find out if it or one of its peers would bring more profit?InvestorPlace - Stock Market News, Stock Advice & Trading Tips MasterCard Keeps Up Yet Falls BehindWith MasterCard buying Transfast and Visa presumably winning the bidding war to acquire Earthport, both firms get better access to bank accounts and ACH networks globally. Perhaps more importantly, both card processors expand their presence in peer-to-peer money transactions.So, as the world more toward a cashless society, the MA-Visa rivalry gets more heated. In nearly all cases, most merchants accept both types of cards. Yes, Costco (NASDAQ:COST) only accepts Visa, but such exclusive instances are rare. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% However, despite this parity, Visa dominates in terms of gross dollar volume, which covers all types of transactions. As of the third quarter of 2018, Visa controlled 61.5% of the market. This compares to only 25.2% for MA, and 11.1% for American Express (NYSE:AXP). Mastercard Benefits From Fintech GrowthHowever, where Mastercard lags in credit cards, it has compensated with its moves into debit cards and e-commerce. Thankfully for Mastercard stock bulls, these areas will see the most near-term growth in the fintech space.The benefit -- and the problem -- with this fintech sector is that every equity in the industry would probably bring profits. Even Discover Financial (NYSE:DFS), which holds only 2.2% of the market, should see double-digit profit growth this year. One could make an argument that MA stock would deliver higher returns than Discover. However, whether it can outperform its other peers is the bigger question. Should I Buy MA Stock?The MA stock price hovers near its 52-week high of about $228 per share. Still, it struggles to stand out even as it posts stellar numbers. In both profit and valuation, Mastercard and Visa appear similar. Mastercard stock analysts forecast profit increases of 16.3% this year and 18.4% in 2020. This barely exceeds the 15.4% rate for 2019 and 15.8% 2020 growth predicted for Visa. Moreover, the forward price-to-earnings (PE) ratio slightly exceeds that of Visa, 25.5 vs. 24.8. * 7 Top Stocks to Buy From Goldman Sachs' Secret Portfolio I like Mastercard stock better now than last year when I panned it for its high multiple and lower profit growth. Achieving near parity with Visa has changed the value proposition. However, it has not made MA stock more of a bargain than Visa.Moreover, if we evaluate these stocks purely on valuation, both American Express and Discover trade at single-digit PE ratios. Both have grown profits more slowly than Mastercard. However, with American Express set to overtake Mastercard as the second-largest processor of credit cards, AXP stock could become the equity of choice in this space. Bottom Line on Mastercard StockAlthough Mastercard stock remains a buy, the fintech sector appears to offer better options. The purchase of Transfast should enhance Mastercard's ability to conduct transactions. However, it continues to struggle to differentiate itself from Visa even as Visa achieves increasing dominance with credit card transactions.MA stock will continue to benefit from double-digit profit growth for the foreseeable future. Also, even though its 25.5 PE ratio exceeds its peers, most analysts would not call Mastercard stock "overpriced." Still, for investors who intend to pursue a higher return, they might see a larger profit by buying AXP stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post MasterCard Stock Is A Buy, But Is It A Better Buy Than Its Card Peers? appeared first on InvestorPlace.
Whatever else 2018 brought to the U.S., it was a Costco Wholesale (NASDAQ:COST) Christmas.Source: Shutterstock The wholesale warehouse club's U.S. sales rose 7.4% for the quarter ending in January, with same store sales up a full 6%. * 15 Stocks That May Be Hurt by This Year's Big IPOs The result was net income of $889 million, $2.01 per share fully diluted, on revenue of $34.628 billion. Profits even exceeded membership fees of $768 million.Regular members noticed. The parking lot of my nearest Costco this past Christmas looked like a Trader Joe's, and I had to go to another one. Investors were even bigger winners. The shares had hit a mid-December low of $194.50, but opened for trade March 12 at over $229 and are approaching last year's record high of $241.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Most Valuable RetailerAt its current price, Costco has a market cap of $101 billion, a price-to-earnings multiple over 29, and is worth 72% of its sales.Compare Costco's valuation to that of Walmart (NYSE:WMT), analysts' previous favorite. That company has a market cap that is 55% of sales, and its dividend of $2.12 per year yields 2.18%, while Costco's $2.28 per share represents a yield of just 1.05%.The only thing overpriced at Costco is Costco. No one has named their dog after it, but they're getting close. Costco caters to upper-middle class, suburban tastes. Its stores feature the finest wines, prime meats, extra virgin olive oil and store brand liquor that's equal to the best name brands. Its arrangement with Citigroup (NYSE:C) to handle Visa (NYSE:V) cards has proven profitable for both the company and its members (we're taking a weekend vacation on our dividend). Its growth rate in e-commerce is 24%. Within its niche, Costco is even more popular than Amazon.Com (NASDAQ:AMZN).Small wonder that, even at its current price, 12 of 27 analysts following the stock say buy it and none says sell.Costco does this while paying what workers consider reasonable salaries, with cashiers making almost half the salary of store managers. The company recently hiked its minimum wage to $15 per hour.When you go there, people smile. How Long, How HighThe problem is that when you buy a stock you're paying for its yesterdays and buying its tomorrows. The price of Costco stock today is close to the price targets of Costco bulls.Costco is not growing as fast internationally as it is in the U.S., and it is starting to saturate the U.S. market, where it has 535 of its 770 warehouses. It can cost $100 million to build and outfit a new store, and the company is very careful to get the very best deals on them. Rumors of possible new store openings are big news, and when the company walks away there is often profound disappointment. Costco bears are left wishing and hoping that scan-and-go shopping, in which customers scan the items they want and get them delivered, mobile payments with installment financing, or warehouse fulfillment will deliver Costco's savings with greater convenience. Trouble is, Costco is already doing some of these things. The Bottom Line on Costco StockCostco is running on all cylinders. It's not doing a thing wrong. Customers and analysts know this.This means Costco is a pricey stock. It can't make you rich because everyone is already in it. Its growth may be limited because it has already scaled. * 7 Dividend Stocks to Buy Today But if anyone knows the future of upper-class consumption, it's Costco. I wouldn't bet against it. You may just want to wait for another market crash like last December's to buy it.A Costco shopper is always looking for bargains.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post It Was a Costco Christmas Last Year appeared first on InvestorPlace.
The United States is considering imposing financial sanctions that could prohibit Visa Inc , Mastercard Inc and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday. The move, which has not been finalized, would represent another step in tightening the financial noose on the government of President Nicolas Maduro and his supporters. The sanctions would be targeted at the elite and groups loyal to Maduro, including members of the military, armed gangs and Cubans operating in Venezuela, while aiming to spare ordinary Venezuelans.
The U.S. Treasury on Thursday gave U.S. refiner Citgo Petroleum Corp a further 18 months to buy crude and make debt payments while under sanctions against its parent, Venezuelan state-run energy firm Petróleos de Venezuela (PDVSA). The United States levied sanctions in January on PDVSA and Venezuela aimed at the removal of socialist President Nicolas Maduro, whom the United States and about 50 other countries no longer recognize as the country's legitimate leader. The sanctions prohibited Citgo and other companies from making payments for oil revenue directly to Venezuela, but have limited the Houston-based refiner's ability to refinance debt.
Wedbush is bullish on Visa Inc (NYSE: V ) and Mastercard Inc (NYSE: MA ) after the credit card networks' quarterly reports. The Analyst Wedbush's Moshe Katri maintained an Outperform on Visa with a ...
If the Trump administration decides to move forward, such sanctions could prohibit U.S. companies from engaging with entities that recognize Maduro as the president of Venezuela. U.S. and other international firms use local institutions to process transactions, and the majority of the local financial institutions are state-owned enterprises.
Shares of Visa Inc. rose 1.2% in afternoon trade Thursday, after Wedbush analyst Moshe Katri got a little more bullish on the credit card and payments company, citing a "host" of growth and scale catalysts. Katri reiterated his outperform rating while raising his price target to $162 from $150. The catalysts he expects include the "disintermediation of cash/checks by electronic payments," increasing revenue opportunities from European regulations, "hyper-growth" in mobile payments, networks' increased dominance in the payments ecosystem and automatic clearing house-related revenue growth opportunities. Katri also reiterated his outperform rating Mastercard Inc. and listed his stock price target to $235 from $220. The stock edged up 0.6%. Over the past 12 months, Visa shares have soared 25.8%, Mastercard shares have run up 27.5% and the Dow Jones Industrial Average has advanced 3.8%.
Through thick and thin, the financial technology sector remains in favor on Wall Street. Companies like Visa (NYSE:V), Mastercard (NYSE:MA) and Square (NYSE:SQ) rarely come under fire from negative outlooks, so they make for strong bets on the upside potential of equity markets.Source: Kārlis Dambrāns via FlickrFintech offers the best of both words in the financial sector: They are prone to rallies and not considered dead money like bank stocks. When it comes to Visa stock specifically, it rallies similar to the Nasdaq Invesco QQQ Trust (NASDAQ:QQQ) and outperforms the Financial Select Sector SPDR ETF (NYSEARCA:XLF).In fact, yesterday, it set a new all-time high while the S&P 500 is still struggling to breach last year's neckline battle zones. Clearly, investors want to own more Visa stock and MasterCard than most other sectors.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo is it too late to buy V stock? The answer to this varies from one investor to another and depends mostly on time frames. How to Approach Visa Stock HereThose who want to invest in it and own the shares for the long term, the simple answer is that it's not too late to own it. Over the span of years, I don't need to be surgical with my entry points. If the stock market is higher later, then so is Visa. * The 10 Best Stocks to Buy for the Bull Market's Anniversary For that purpose, even though V stockis at all-time highs, it is not expensive. It's cheaper than MA and sells at a trailing price-to-earnings ratio of 34. While this is not dirt cheap, since it's almost double that of Apple (NASDAQ:AAPL), it's not bloated either. So owning shares here for the long term is not likely to be a major financial debacle. There is not a lot of froth to lose so the downside risk should be limitedShort term, chasing a runaway stock like this at all-time highs is not ideal. It leaves the buyers' portfolios vulnerable to short-term dips. But then again, here the matter of intentions makes a difference.For those who are looking to trade Visa stock and not necessarily be in it for the long-term investment, then going long Visa stock here would be a tactical trade. The idea is to buy high and sell higher. But for that, we need precise levels to mark the stop loss points. Bottom Line on V StockTo understand the support levels we need to know how the rally up to here unfolded. V stock is now 25% off its December lows. But the breakout really started from $140 per share on Feb. 1 and after its earnings report. That level was a neckline with $146 per share as the target. So those are two major lines of support for the mid-term.More recently, a secondary pivot level developed around $145 per share. The bears tried to break on Mar. 8, but the bulls prevailed so that now becomes an important level to hold. If it fails in the near term, it would target support at $140. * 7 Inexpensive, High-Dividend ETFs to Buy On the lower time frame charts, there is a shorter-term recent level of contention at $149.70. This served as the floor for the recent poke to new all-time highs. So by default, this becomes the first level of support and if fails, it should also be the stop loss trigger for momentum traders. This does not affect those who are in the stock for the long haul.There is also another micro support zone between $151 and $152 per share that is an even tighter stop loss levels for momentum traders. Where I stop myself out depends on my own level of risk tolerance. Click to EnlargeThe first stop, however, remains in my overall thesis on Visa stock and my goals for the trade. I need to know if I am trying to trade it or invest in it. It is also important that if I am in it for a trade that I don't turn it into an investment.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post Is Visa Stock Worth a Look After Setting a New All-Time High? appeared first on InvestorPlace.
Elsewhere, Treasuries slipped and Brent crude faded from a four-month high, slowing a rally for European energy stocks, after talk of a delay to a top-level summit between the US and China hit sentiment. Reports that a meeting between the presidents of China and the US would be pushed back into April from March — first carried by Bloomberg — were reflected by a range of assets.
Visa and MasterCard are two of the most widely used credit card brands, but are the differences between the two significant enough to influence consumers?
Last year was especially hard on the financial sector. It developed the reputation that the banks could sustain a rally. But one segment within the financials is hotter than ever and held up well even last year. Unlike traditional money centers, financial technology or "fintech stocks" like PayPal (NASDAQ:PYPL) and even old dogs like Visa (NYSE:V) or Mastercard (NYSE:MA) continue to rally through thick and thin. Wall Street is enamored with their business models, and this has benefitted PayPal stock.Source: Shutterstock In fact, PayPal stock is up 21% in the past 12 months; whereas, the Financial Select Sector SPDR ETF (NYSEARCA:XLF) is down 10% for the same period. The fastest and most expensive runner of the fintech bunch is Square (NYSE:SQ), which is up 35% year-to-date, but PYPL, V and MA are all strong regardless as each is up around 15% for the same period.Today, the story is about PayPal and how it should be a winning investment for the long term and offer short-term opportunities.InvestorPlace - Stock Market News, Stock Advice & Trading Tips How to Approach PayPal Stock TodayFor years, the global trend has been to transition finances to strictly online transactions. From regular shopping to global money flow, we demand our money to flow fast and worldwide. This was most evident during the Bitcoin craze of 2017. Although the value of the coin is debatable, everyone agrees that the blockchain technology behind it is attractive and encapsulates the concept. * 10 Dividend Stock Winners Transactor companies like Paypal offer the blockchain concept of moving money fast and they are operational now. So they are best suited to sustain their success for years to come. Since the transition to electronic finance is in its infancy, there is enough business for all the current competitors to thrive.So PYPL stock is likely to do well for the long term, but the problem for investors is that it's a momentum stock. It moves fast in both directions and this presents a problem to many. On the way up it seems like it's ready to correct thereby forcing traders to miss out on the upside.Case in point, while Wall Street is still expecting a correction in stocks, PYPL stock is almost at its all-time highs. Clearly, the fintech bulls are used to the momentum aspect of this trade. The idea is to buy high and sell higher. Else we'd end up missing the whole trade.Fundamentally, Paypal stock is not cheap. It is almost twice as expensive as V and three times as expensive as American Express (NYSE:AXP). But for as long as it is growing fast, investors will give it a pass on that front.Younger companies need to over spend in order to catch up so it is more important that traders judge their top line performance and not the margins. At least PYPL is in the black whereas SQ still loses money.For those who want to own the shares for the long term, then, the actual timing is less important. If the stock market is rising, then PYPL will be higher later. But not every one wants to hold stocks for the long term and for those kinds of investors, there are short-term clues for more surgical entry and exit points. Bottom Line on PYPLFor the short term, PYPL is near its all-time highs, so buying it up here requires courage. But with proper stop loss levels, traders can do it provided they stick to their exit points well. * 7 Dark Horse Stocks That Deserve Your Attention in 2019 PayPal stock recently broke out of the $94 zone so that would be the best level of short-term support if the rally fades from the top. The closest support level, which usually is the weakest, is at $97. Below that, there are two similar supports at $96 and $95. So depending on personal preferences and risk tolerance, those would be the significant short-term levels to trade. This only applies to those in it for the short term. Longer term, it can fall to $88 per share and not change the bullish thesis much.In summary, Wall Street is attracted to financial tech because the transition into an electronic environment plays right into the hands of companies like PayPal. That means you can own it or trade it with confidence for years to come.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post PayPal Stock Still Has Plenty of Room to Run appeared first on InvestorPlace.
Here are some of the companies with shares expected to trade actively in Wednesday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
Stocks continued their recent momentum from Monday, again rallying higher on Tuesday. Companies like Boeing (NYSE:BA) remain on shaky ground, while plenty of other big movers drew our attention. Let's look at some top stock trades for Wednesday. Top Stock Trades for Tomorrow 1: Stitch FixShares of Stitch Fix (NASDAQ:SFIX) are ripping on Tuesday, up more than 25% after better-than-expected earnings. It's hard to be disappointed with a move like that, but given how far off its highs this one finished and it does cause some concern.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dark Horse Stocks That Deserve Your Attention in 2019 There's a big short interest in this one, so it's totally possible it starts to scream higher on Wednesday. If it loses Tuesday's lows though, a drop down to $32 is likely. Over this $34.50-ish area -- which has been notable but is also the 50% retracement mark for the 52-week range -- and SFIX could retest Tuesday's high.Above it and a short-squeeze could fuel it higher to fill that gap up near $44. Top Stock Trades for Tomorrow 2: MomoUp more than 12% on Tuesday post-earnings and Momo (NASDAQ:MOMO) is no slouch either. However, like SFIX we could have seen a stronger finish to the day.MOMO couldn't stay above its 200-day moving average, but on the plus side, it's over the $34 to $35 range, a key area over the past year. Plus, it hurdled its 38.2% Fibonacci retracement level near $34.25. If it can continue higher, look for Momo to clear the 200-day and perhaps challenge $40.On the downside, look to see that $34 to $35 holds as support. Top Stock Trades for Tomorrow 3: Coupa SoftwareThis one has had some strange moves lately, with Coupa Software (NASDAQ:COUP) closing off the lows but ultimately lower by 3% on the day. Its earnings weren't able to break it out of the recent range, between $89 to $97. A close outside of this range likely creates a momentum trade in that direction.Meaning, a close below range support sends it lower and a close above could cause a breakout. Let's wait until we have a more definitive direction rather than guess on which way it will go. Top Stock Trades for Tomorrow 4: Dick's Sporting GoodsDick's Sporting Goods (NYSE:DKS) is crumbling on Tuesday, down 11% after disappointing investors with its earnings report.While the 50-week moving average is stepping up as support (not shown on the daily chart above) at $34.58, this one is looking kind of ugly right here. The stock knifed right through all of its major daily moving averages and could have more downside left if the stock doesn't maintain Tuesday's lows. If the 61.8% Fibonacci doesn't supports the stock near $34, this one could sink to $32.50.On a rally, look to see whether DKS can push through its moving averages or if this level acts as resistance. For now, more downside is the risk. Top Stock Trades for Tomorrow 5: VisaMaking new 52-week highs on the day is Visa (NYSE:V). This silent winner was able to push over a key level at $150. Now bulls have to make sure it stays above this mark. A dip and hold to $150 is a great buying opportunity in this sense. * The 10 Best Stocks to Buy for the Bull Market's Anniversary Below this mark and uptrend support and/or the 21-day moving average becomes the next buy-the-dip spot. If it fails, $142 to $144 is likely. Just remember to keep it simple.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long V. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post 5 Top Stock Trades for Wednesday: SFIX, COUP, MOMO, DKS appeared first on InvestorPlace.