Boring Market

Visa Inc. (NYSE:V ) has been public for almost six weeks now and has surged nearly double its value; I bought in.

In response to a posting I made more then a month ago; I finally made the decision to jump in. I investigated and found true growth potential for international markets. I decided this is a company I wanted to stick with even in hardships. While listening to investment pundits who were both for and against Visa I formed my own opinion of the future sustainable the company. I feel Visa’s operations are solid even in a slowing economy and its earnings blew me away.

I consider Visa a great investment only after researching this company thoroughly and I only have a small percentage of my portfolio in Visa stock which I purchased weeks ago. I will continue to weigh my investment strategy with the option of buying more and I continue to have a cautious (but optimistic) outlook for investing in other companies. Visa is an obvious choice in any long term investor’s portfolio.

Tags: Earnings·investment·strategy·Visa