VISA Inc report updated November 17, 2021

The report on VISA Inc. is updated and rated Weak Buy / Hold at $203. This is a cautious rating and I would have rated it somewhat higher except for the news that Amazon is battling it over fees and will stop accepting U.K Visa cards as of January 22. Very few retailers are in a position to dictate what card their customers use (Costco is the rate exception) but perhaps Amazon will be as well. I like VISA as a long term hold but given risks to its high fees I would not want to get over-exposed. Despite some caution, I added to my position today. It might be wise to wait and see how this news abot Amazon affects the stock over the next few days. But nibbling now is also a reasonable approach.

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