Visa and Mastercard are among the most dominant financial services companies in the world. What makes it even more special is that they do not compete fiercely with each other.
In fact, the competition between them is so weak that regulators have accused them of colluding with each other.
We've got a nice day of green across the big board here. in reaction to the highly anticipated rate hike that we got.
been a bit of a rough stretch for the financials, for the banks at least with some of the commentary this week, but Visa left out of that conversation. Well, yeah, Marley, as you look at the momentum in the stock and from a technical standpoint, to me it looks pretty solid.
Giving up a little bit of ground today and I think it's given up a little bit of ground the last few days in reaction to the Clarity Act and not getting through.
The first of these companies that I will highlight is Visa. This company's competitive advantage starts with its network. It has spent decades building a two-way network with consumers who hold Visa cards, both digitally and physically , and merchants who accept Visa cards as a means of payment.
The next stock I'm going to highlight is Visa. And this is an interesting situation because I've only calculated an upside of about 4% for Visa as I calculated a fair value of $396 and the current market price is $381.
But Visa is one of the few Hall of Fame businesses in the world where I would feel like I'm getting a good deal even if I could buy Visa stock at a fair price. But to be able to buy it at a 4% discount, I think is gravy. It's icing on the cake.
