BullMarket.com Offers Investment Opinion on Credit Card Company Stocks
Wednesday, Apr. 2 2008
PRINCETON, N.J., Apr 02, 2008 (BUSINESS WIRE) -- BullMarket.com , an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with a report on credit card company stocks, including Visa (NYSE:V), MasterCard (NYSE:MA), and American Express (NYSE:AXP).
All paid and trial subscribers to BullMarket.com can now receive immediate access to the newsletter's exclusive daily reports. As a subscriber, you'll also gain access to our latest investment moves.
In its report, BullMarket.com wrote: "Visa's business is attractive because it essentially provides the network over which a large percentage of the millions of financial transactions that happen around the world every day travel. Each time you pull out a credit card to pay for gas or groceries, or get cash from an ATM, there is a good chance it traverses Visa's network, for which the company extracts a fee. It is at the heart of the global payment system, but Visa doesn't actually lend money so it is not directly exposed to risk of defaults. As such, Visa has no consumer debt on its books."
BullMarket.com looked at the following topics, among others:
-- What are some potential catalysts for Visa and MasterCard?
-- Outside of a slowing U.S. economy, what are some other potential headwinds facing Visa and MasterCard?
-- Is the sell-off in American Express overdone?
-- Should investors be scooping up shares of any of these stocks now?
News Source : http://enews.mcot.net/ |