Nyse V Thread

[Stock_Analyzer]

Information about V can be found and shared in this thread:

V: Summary for VISA INC. - Yahoo! Finance

[Stock_Analyzer]

Earnings Preview: Visa to report 1st quarter as public co.
Friday April 25, 3:38 pm ET
Visa expected to report earnings for fiscal 2nd quarter, its 1st as publicly traded company


NEW YORK (AP) -- Visa Inc. reports fiscal second-quarter earnings on Monday. The following is a summary of key developments and analyst opinion related to the period.
OVERVIEW: In late March, the credit card processor owned by a consortium of banks went public in the largest ever initial public offering. Visa went public at a price of $44 per share -- above expectations -- raising nearly $18 billion.

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Visa is on track to continue to grow as credit and debit cards increasingly replace cash and checks. In 2007, Visa handled more than 44 billion transactions totaling more than $3.2 trillion.

BY THE NUMBERS: Analysts polled by Thomson Financial, on average, forecast earnings of 46 cents per share on revenue of $1.45 billion.

ANALYST TAKE: "With its dominant market share and strong product set, we expect Visa to continue to benefit from the ongoing worldwide shift from cash to plastic spending," Stifel Nicolaus & Co. analyst Chris Brendler wrote in a research note.

Visa's pricing structure and business volume enables it improve profitability dramatically while only minimally impacting customers, Brendler wrote in the note.

Brendler recently initiated coverage of Visa with a "Buy" rating and a price target of $77. Brendler anticipates earnings of $2 per share in 2008 and $2.75 in 2009.

WHAT'S AHEAD: Cowen & Co. analyst Moshe Katri recently began coverage of Visa with an "Outperform" rating and expects earnings per share to grow by 20 percent or more during the next two to three years.

"In our view, the company's growth prospects as well as its attractive business model stand out among its business service peers," Katri wrote in a research note. "Even in a slowing economy, we feel that Visa's prospects remain solid as about 41 percent of its calendar year 2007 payment volume was generated from nondiscretionary consumer spending."

STOCK PERFORMANCE: Shares of Visa went public on March 19. The quarter ended less than two weeks later. In that time, shares rose 42 percent from their initial price of $44. Shares have continued to climb through the first part of the company's fiscal third quarter.

[Stock_Analyzer]

Nice job here all, from our Sunday night email at 72$ range we closed today (tuesday) at 80.88. So far so good here with V

[Stock_Analyzer]

After a call of 70$ and hitting 88 89$ range yesterday, I think we are nearing a small pullback in the short term. Watch the market, if we start to go red for a day or two then I think we could see a pullback to low 80s or maybe high 70s. Overall though I still see V as a very strong Long term play.

[kc61]

Hello there, I have been in this one since the IPO and basically treating it as a long term investment rather than trading. Big mistake on my part as I kind of felt the sell off coming on Friday morning. In other words, I got real greedy on how quickly this one moves but still have a nice profit. Will be watching real closely this week. Good Luck

[Stock_Analyzer]

Welcome to the site!!!

I think V is a great long term play but I agree that friday was a sell IF you were looking to really maximize your profits....but overall I think you will be happy if you go long.

Originally Posted by kc61

Hello there, I have been in this one since the IPO and basically treating it as a long term investment rather than trading. Big mistake on my part as I kind of felt the sell off coming on Friday morning. In other words, I got real greedy on how quickly this one moves but still have a nice profit. Will be watching real closely this week. Good Luck

[Stock_Analyzer]

The daily MACD line showing possible move up coming again.....keep on radar here

Originally Posted by Stock_Analyzer

Information about V can be found and shared in this thread:

V: Summary for VISA INC. - Yahoo! Finance

[Naamplao]

Well there is not a lot of data here to discuss trends but I will give it a try.

Here is the only useful SharpChart I can dish up.

V - SharpCharts from StockCharts.com

The first thing to notice is that the RSI is falling out of the "OverBought" RSI...the excitement of the ipo issue is waning IMHO. There also appears to be profit taking too as shown in the Accum/Dist which looks to be falling below its 20dayMA.

The Bollingerbands are showing the first signs of narrowing since they were first measured by the peaking of their width differential. This indicates to me that there will be no dramatic moves in the near future.

Here is the P&F chart



There has been a nice rise but lately we have hit a wall at a closing price of $89 and fell to a support level of $83.00. Note there is a "High Pole Warning" at this time....not a good sign for the near future.

Here is the yahoo.com 5 day linechart



Well the volume is normal...the trend is down...The RSI is less than 50%

The BB's are tight but the share price is in the bottom half.

My prediction is that the stock will move down below the support level then level out and go sideways for a while. The buyers of the IPO are taking their profits...now the stock is seeking a normal level.