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Visa reached the buy signal - italkcash news

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Old 07-24-2008, 09:46 PM
Superior Investor
 
Join Date: Nov 2007
Posts: 8,719
Default Visa reached the buy signal

Visa (NYSE:V) reached the right price after dropping from 85$ til 70$ in the last months. Visa Inc went public in march this year with a entry price at just about 58$ a share. I was in from the beginning and sold half of my position as 83$ and the other half at 77$.
From by point of view the price is now at a reasonable level and i would a good point for new investors to go in.

Mastercard went public a few years ago and has gone up more than 500% since the IPO. Visa the world largest creditcard compay has the potential for and even bigger growth.

The Doc
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