Visa Inc. Updated November 16, 2017

Visa Inc. is updated and rated Weak Buy / Hold at $111.25. The previous rating was Buy at $78.02 on January 1 of this year. It’s up about 43% since then. The gains were very steady all year. It remains a power house of course. But at 32 times trailing earnings it is expensive.

I have only a small position in it. I considered trimming my position today but decided that given the small size of the investment I would let it ride for now.