Visa Stock
V Stock Gains on Growth in Electronic Payments Today’s stock represents another of my favorite strategies to reap above-average returns—investing in “toll booth” stocks. These are stocks that stand to gain immensely from the rise of the digital economy and the increasing adoption of mobile phones, as users…
The development of next-generation payments, using a smartphone or going online, is the cornerstone of Visa Inc’s (NYSE:V) strategy. Visa stock is trading at its highest price range ever, benefitting from first-quarter earnings that beat analysts’ estimates. Consumers are spending more and choosing to do so using cards.…
Visa Inc. (NYSE/V), the credit card company, recently published its Retail Spending Monitor report, which keeps track of consumer spending in the U.S. The report shows that, excluding autos and gas, retail sales went up by 4.5% in April 2015. Big Increase in Consumer Discretionary Spending Things look…