V will go UP
$100.00 on 12/23/08
$90.13 (10.58% from time of market call)
In the global economy companies such as Visa and Mastercard are both excellent buys. Their cards are a driving force in global economic growth.
Visa is a service provider. In a strong economy Visa's service is used to purchase goods that people otherwise cannot afford. In a weak economy Visa is used to maintain the standard of living people were used to in the previous strong economy.
Visa is a strong buy for any portfolio.