Everyone pays by card, but how are the companies that run them doing?
Both$V and $MA 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.
I think it's kind of Google vs Microsoft here... :) both companies are "similar", both are huge, and I guess you can't say one is globally better than the other... maybe if it was chopped up into pieces...
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.