Visa Inc (V)

[JohnSamuel]

Adding to Visa on China Expansion
By Jim Cramer and Jack Mohr | 03/29/16 - 11:11 AM EDT

Actions Taken:
Symbol Action # Shares Traded Recent Price Shares Owned After Trade % of Portfolio After Trade
V Buy 75 $74.35 825 2.56%
After you receive this Alert, we will buy 75 shares of Visa (V:NYSE) at around $74.35. Following the trade, V will represent roughly 2.56% of the portfolio.

Although Visa is trading slightly above our cost basis, we are looking to build the position before shares run away from us. In particular, on top of the many catalysts we have mentioned in the past ( see previous Alert here), we are encouraged by the progress that Visa has made in its expansion into China.

As background, last month Visa signed a memorandum of understanding (MoU) with UnionPay, the state-run China credit card company -- the only such company in China. The MoU was signed with the intent to collaborate in the future on payments security, financial inclusion, and technological innovations.

The move by Visa comes in advance of China’s impending decision to open its card-processing network to foreign entities, in line with the ruling by the World Trade Organization that China must open up its market to foreign companies.

On Friday, Visa pushed forward with the expansion as it signed a cooperation plan with the China National Tourism Administration (CNTA), establishing V as a strategic partner for the U.S.-China Tourism Year -- a year-long series of events aimed at enhancing tourism and trade cooperation between the two nations. Visa will be a key contributor to the effort throughout the year, helping to promote cross- border travel and collaborating to build up payment acceptance infrastructure in smaller tourist cities in China.

Any head start that Visa can earn in terms of fostering relationships in China will certainly benefit the payments network moving forward, when the world’s most populous country becomes more widely open to foreign companies. The opportunities in China are endless, not only with its large population, but also for the innovations the country has already made in the payments space, especially in terms of its digital ecosystem (i.e. the presence of mobile wallets and in-app payments).

Visa can benefit from all that UnionPay has learned over the course of its business lifecycle. We are excited for the opportunities that lie ahead.

Regards,

Jim Cramer, Portfolio Manager & Jack Mohr, Director of Research - Action Alerts PLUS

DISCLOSURE: At the time of publication, Action Alerts PLUS was long V.

[jones99]

Visa ($V -2.23%) gained over 2% in after-hours trading after it reported Q1 adjusted EPS of 69 cents, higher than consensus of 68 cents.

[Imoutpickinyou]

Visa

[Imoutpickinyou]

Hoping for a good Visa earnings report. Maybe stock will make a good jump like FB. Does anyone have opinion on rnn?

[IL Padrino]

Just bought some shares here. Saw that USAA is switching from MC to Visa. That's $2b/yr.

[MikeBK205]

I wonder if this worthless piece of Garbage will ever exceed 200 or even split ever again.

[Trappatonii]

VISA buys WMIH !!

[magness]

As you wish.:)

[MikeBK205]

Please don't troll, we all know that isn't happening, and if it does; Not anytime soon.

[magness]

Visa's Share Price Is On The Rise

http://seekingalpha.com/article/3555836-visas-share-price-is-on-the-rise?v=1444723973&commenter=1

[doubleeagle]

Twiiter and Visa have no business dealings..where as Visa invested into Square back in 2011 know square is IPO'ing and just wondering how that investment relates to visa shareholders. Does visa have any ownership in Square?

http://bits.blogs.nytimes.com/2011/04/27/visa-invests-in-square-for-mobile-payments/?_r=0

[MikeBK205]

If the founder is Twitter wouldn't anyone in Twitter get extra shares of anything over visa though ? Why or why not in your opinion ?

[doubleeagle]

Really? they cater to small merchants they have the readers for the cell phones and ipads. The founder of Twiiter is the Ceo Of Square and they are IPO'ing this year. Visa made an investment into them in 2011.

[MikeBK205]

What's square ?

[doubleeagle]

VISA has a large investment in Sqaure correct? When it ipo's do shareholders of record get any square stock?

[The_Free_Nebula]

V - the new base has formed it is time to inch up for the fall buying season...

[MountainHigh]

What are current target prices?

[The_Free_Nebula]

come on nothing I say is any more than positive speculation. I don't care week to week really. That's penny stock stuff ..I just check in because my pennies keep me on the board... I think we should see another challenge to the 52 week high soon...yeah I speculated $80 before but if it is $79 or $81 or flat I am fine...

[MikeBK205]

In your honest opinion what will a 52 week high from today be?

[The_Free_Nebula]

I have no idea about splits...all I know is the it is still a buyers makers for Visa....I don't think I know anyone who doesn't have at least one card

[MikeBK205]

So you think we'll see another split in the next 10 years ?

[The_Free_Nebula]

Just trying to keep up with you....watch and learn... Visa is gold...

[MikeBK205]

HAHAHAHAHAHA you're too funny

[The_Free_Nebula]

New base just about set. I expect a move into the 80s next week

[The_Free_Nebula]

Patience required....riding its 52 week highs....50 DMA rolling higher

[MikeBK205]

Haha we are lucky if this ever hits 90-95 in years to come!!!

[The_Free_Nebula]

May see some firewrks when the 50 DMA gets strong over $70 bucks per

[The_Free_Nebula]

I disagree with you on that one....give it a while...

[insymbols]

$V VISA Inc Chart





http://pamphletshop.com

[MikeBK205]

What's that suppose to mean?

[njaohnt]

Parabolic SAR crossover, should go up a lot now

[Joe89]

Massive move +6%, Visa always surprises me!

[MikeBK205]

This will never exceed 100 ever again

[The_Free_Nebula]

V - Still has some more room to roam

[The_Free_Nebula]

LOL...It is Until its not!

[MikeBK205]

This stock is nothing but a worthless piece of S****

[Fibanotch]

I agree

[longanisa]

I've owned many shares of this since IPO. Don't underestimate this stock.

[Fibanotch]

really

[MikeBK205]

HAHAHAHAHAHAHAHhhah

[Fibanotch]

this will be @ 99 before u know it.

[eastunder]

Then wait to see what happens. Nothing wrong with that.

[TungstenTradr]

I want to go in on this but I'm just scared they will do what Comcast did at the last minute with Time Warner making everyone think it's going down they know for real it wasn't happening.

[The_Free_Nebula]

Sounds steep but it's all relative I suppose...

[eastunder]

Visa Negotiating To Buy Visa Europe For $20 Billion

BY CIARAN MCEVOY, INVESTOR'S BUSINESS DAILY


04:17 PM ET


Visa (NYSE:V) is in talks to buy its one-time subsidiary Visa Europe for an amount between $15 billion and $20 billion, Bloomberg reported.

The Foster City, Calif.-based credit card giant approached Visa Europe about the acquisition, but private talks are still in their early stages and could fall apart over the price tag, Bloomberg cited sources as saying.

Visa Europe split from its parent company in 2007 before the credit card company's initial public offering on the New York Stock Exchange. It is owned by more than 3,000 Europe-based banks and has a put option that — if used — would force Visa to buy it within nine months, Visa Europe filings state.

Visa Europe has issued more than 460 million Visa credit, debit, commercial and prepaid cards in Europe.

Shares of its former parent spiked in afternoon trading as the news of an acquisition broke. Visa stock rose 4.1% to 69.33 on the stock market today, above both its 50- and 200-day moving averages. The company emerged out of a flat base n April 22, and its shares are up 5.6% so far this year. Visa has an IBD Composite Rating of 86 out of 99, which means that it trades better than 86% of other publicly traded businesses.


Read More At Investor's Business Daily: http://news.investors.com/business/050815-751759-visa-in-talks-to-buy-visa-europe.htm#ixzz3ZbMURGyu

[Norton1973]

I bought V , VISA a few days ago, looking good. Yes gap within .40+ cents,wish it did not gap, will prob. fill eventually. imo

[The_Free_Nebula]

V - Is this Visa busting a move back toward $100? Will the gap be filled...

[KingDMC]

Earnings a non event...

[The_Free_Nebula]

I am banking on th eearnings to be good...But based on the fix in the market I am not sure it matters. However since the forward split this has been in the chitter so to speak so a spark for a move back up may be coming. The other thing is the market is behaving like shit this week so that doesn't help...If this tanks I may add a few shares for the future...

T

[KingDMC]

What do you think of an earnings play?