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V - kicking butt today - why?

Posted on 7/25/13 at 11:29 am
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 7/25/13 at 11:29 am
Have been in meetings all morning - just checked my quotes - why is V kicking arse?

Too late to buy more?
This post was edited on 7/25/13 at 11:33 am
Posted by barry
Location, Location, Location
Member since Aug 2006
50346 posts
Posted on 7/25/13 at 11:31 am to
make the thread title more descriptive.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89542 posts
Posted on 7/25/13 at 11:35 am to
quote:

Too late to buy more?


TheBigFella has done a lot of research on the stock. I think it's a buy at anything under $200 at this point, although you might suffer a little correction in the next 12 to 18 months.

The upside is excellent, and long-term it looks excellent. I went another way recently, but V is still on my list to buy. It was a steal at $162.

Only about 60% of the world uses credit cards - that's about the best way to describe V's growth potential. They're a gatekeeper/toll road for consumer purchasing, in every currency, in every market, in every language.
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 7/25/13 at 11:48 am to
Thank you - I purchased 100 shares a couple of weeks ago...rolling the dividends back into it.

I may want to pull the trigger on more.....I like the potential the business has.
Posted by Bear Is Dead
Monroe
Member since Nov 2007
4696 posts
Posted on 7/25/13 at 12:51 pm to
Beat earnings estimate and they did a $1.2 bil stock buyback
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