Visa (V)
The days of carrying a huge wad of bills are pretty much over. Why? Because pretty much everyone who's selling anything takes Visa these days. But remember: You'll look like a jerk if you try to pay for your ballpark hot dog with plastic.
Visa is something amazing, its helps us with our money and financials, if visa wasn't ever made i think we will be not any better how we are now.
will thinks if Visa were a classic videogame character, it would be Sonic the Hedgehog.
Does anyone know more about this? This is important because debt can be a serious red flag when thinking about a company's strength. I believe that both Visa and MasterCard sell their debt the second you swipe your card, meaning that they won't go belly up from people not paying their credit card bills on time. With Paulson giving the thumbs up to extending more credit to the public, in theory, spending should rise and credit cards should be swiped more readily. Anyone agree?
Will Visa go down further? and Why?
Sure, it could go down. Even great stocks could go down, especially in these times. But is that so important? If you have a solid company that has a sparkling future, the market will correct itself and bring the stock back to a reasonable value. Visa's IPO started in the low $40s. The average Joe probably got a piece of it when it was near $50. The stock steadily climbed into the $80s before the economy started to dissolve, taking the stock price with it.- over 1 year ago
by Carlos Portocarrero, WeSeed Writer Michael Phelps won eight medals (six of them gold) in the 2004 Olympics and it was still considered a let down by many because he didn't tie Mark Spitz's 1972 record of seven gold medals in one Olympics. Tough crowd, huh? Phelps came back in the 2008 Beijing Olympics, where he won another eight gold medals. Being one of the greatest swimmers in the history of the sport, it might pay to check out what companies are sponsoring him in hopes of grabbing a little glory for themselves this summer. • AT&T (T): As if they needed any more attention, now they'll have the coolest phone around and the best swimmer in the pool on their side. Not bad. • Visa (V): Is it everywhere you want to be? Since the IPO in March the stock is up 30%, which is even more spectacular when you consider how badly the market has done. Not all the companies sponsoring Phelps are public, and I was surprised to find some small, relatively unknown companies in the mix that might be worth keeping an eye on: • Life Strength: A physical-therapy company based out of Maryland, they are headed by two therapists with extensive experience with Olympic athletes. One of them is even a triathlete himself. • PowerBar: This is one of those products that's become an established brand in a hurry. No one buys energy bars anymore, they buy PowerBars - regardless of who makes them. I've run out of time for lunch many a time and have been bailed out by a PowerBar or two. It's impossible to predict whether Phelps will break the record for most gold medals in an Olympics. But it's pretty much a given that he'll win "a few" gold medals. If he wins, these companies hope to cash in on some of that success. What do you think about companies sponsoring elite athletes like Phelps? Is it worth it? Or would they be better off diversifying their portfolio and investing in the Olympics as a whole? Buying individual "stocks" like Phelps may be too much risk without enough upside.
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Today's gain: $-1.29 (-1.40%)
