re: Which Companies stand to profit most from emerging middle class in china,india

the thing is visa is about 50% of all cards processed today and they recently inked a deal with samsung to bring NFC technology to the new samsung phones which should be a big game changer as we move away from cash into the future and more credit cards and using NFC on phones to make payments.

Honestly nobody pays cash anymore, very few of my friends ever have cash and everything is done on CC and the best part about visa is as inflation rises: higher gas,higher groceries,higher dinner bills visa and their built in fee will also rise significantly.

Then when you factor in all the Amazon,Ebay,Porn,etc that is bought online and growin , Visa,Amex,Mastercard all should dominate but amex is so hard to obtain for the average person that's why I chose Visa bc its double the size of Mastercard and they're growing the dividend nicely w/50% boosts in back to back years.Also amex isn't accepted as many places as visa/mastercard.

I think that gigantic 80% of the world population still operating on cash will be tough to convert entirely to visa/mastercard esp with china having all transaction basically with unionpay but India I read has 20 million merchants and only 700,000 points of sale from visa so there is massive growth opportunities there and many other countries. If in 20 years it goes from 80% to 60% are still on cash visa/mastercard would have doubled users and profits at the least

Im buying as much visa as I can till it hits $200 then im done buying more and we'll see what the future holds, I've read many analysts who see $350 in 4-5 years with a sizable dividend then since visa does operate on a ridiculous 80% margin thats why they've been boosting their dividend like crazy with all the FCF since ipo a few years ago

I think the cigarettes is right on and as ive said many times im super long Philip Morris but china is a difficult frontier for them as china national tobacco dominates and the marlboro man isn't too popular there....and the indians well they dont smoke at all haha

There aren't too many $100B+ companies that have the growth potential of visa remaining in that 90% of the world doesn't use their products. I derived this from 50% market share with 20% of the world as users. Im Long V, Long PM until I die and bequeath my children and amazing estate from those 2 stocks alone haha