October 4, 2014 Comments

Visa Inc. is updated and rated (lower) Buy at $212. It was last updated on December 29, 2013 and rated Weak Buy / Hold at $220. It traded above $220 for the first tree months of 2014 and then dipped very briefly under $200 in April and has since been around the $215 level plus or minus about $5. It looks moderately more attractive today than at the start of the year because the price is down slightly and the earnings have increased.

We first added it to this site on April 15, 2009 (just after the bottom of the market at a time when fear still reigned supreme), we rated it Buy at $58 at that time. We rated it a Strong Buy in May 2011 at $79 and it is up 167% since then. It dropped off at our list at the end of 2012 but we added it bank to the list March 28 2012 rated Buy at $119 in November 2012 we updated and rated it Buy at $147 on August 4, 2014 we rated it Weak Buy at $184.

Visa is a great company with some monopoly characteristics. It does have risks due to regulation and future competition and it is not a cheap stock. Therefore I am not in a big hurry to invest but would consider a small position with a hope to buy on dips.

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