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Stocks V / VISA
|Subject: A Gold-Medal Opportunity||Date: 8/8/2012 4:26 AM|
|Author: blesto||Number: 212 of 277|
Its global reach is as great as the Olympics
By Charles Sizemore, Editor, The Sizemore Investment Letter | Aug 7, 2012, 1:27 pm EDT
As I write this article, China has a slight lead on the United States in Olympic gold, 34-30, but anything can happen over the next week.
But whichever country leaves London with the bigger stash of medals, Visa (NYSE:V) will be accepted in either of them.
In fact, Visa is accepted in virtually every country represented in the 2012 Summer Games.
Emerging markets growth. With a P/E excluding extraordinary items (TTM) of 128.8x and a P/E Normalized (MRFY)36.5x might seem a little pricey. If there's a dip in price I may jump in. But with all of V's positive mojo they've got going on right now that dip may not happen any time soon.
Who's feeling deja vu all over again as when watching AAPL, & AMZN as they rose up.
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