Everyone pays by card, but how are the companies that run them doing?
Both$V+0.0% and $MA-0.7% are near their absolute peaks. These companies with a great business model, dividend and huge margins can still be a great part of a portfolio.
Does anyone have them, or are you just walking around. The price is higher now, but that wasn't quite true a year ago.
Visa
VOpen $267.20
Day range $261.26 - $268.60
52 week range $227.68 - $290.96
I think Visa is the perfect representative of the growths. But I don't plan to invest in it. It would have to fall a lot.
I like this sector overall and will probably focus more on it.