chuckitdeep....read their balance sheet....their profit margins are ridiculous bc they don't issue consumer credit like some of the ones you mentioned thus when people default it's not a writedown on them but on the issuing banks.
With that alone, combined with the fact they're the biggest card issuer around, combined with the phone deal they signed with samsung to bring mobile payments to life soon, combined with the dividend growth the last 2 years, it just seems to me they have a ton of room to grow in the coming decade.
I own my own business but I'm the third highest paid guy here and I make alot so i know they're killing it
2.Credit Card Companies
I can't invest in Uncle sam, but I can buy CC. They make a big chunk of the near $20M in sales I do without paying rent,insurance,payroll here haha.
I sold some .85 $57.50 PSX and GOOG $870 july 20 puts this morning, hope to be fapping even harder friday afternoon!
This post was edited on 7/16 at 10:20 am