Is it a good idea to buy VISA stock?

Question

I am interested in the VISA stock, just wanted to get some opinions on what you guys think about buying now?

Answer 1

no i'd rather buy MA mastercard for now

it's cheaper valuation wise

visa is still expensive just look at the p/e

i think i'll add visa to my portfolio eventually, when it hits 60

Answer 2

No, too volatile. MA a better company according to "Guy" on Fast Money.

Personally I think MA's chart sucks. Has peaked IMO. Looks like it's looking to go lower.

Answer 3

no, not with the banks, the credit and mortgage crises, and real estate still in the woods.

the problem is that people haven't yet fully shifted what they owe in mortgages into credit cards and other unsecured personal loans, so when they do, and they still can't pay those, watch for the credit card market to blow up, then buy V when it collapses...