Better Payments Stock for the Long Haul: American Express or Visa?
Key takeaways
- V AXP If you are looking at American Express (NYSE: AXP) and comparing it to Visa (NYSE: V), you are essentially comparing the high end to the mass market.
- It charges a small, per-transaction fee to connect buyers and sellers.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
V AXP If you are looking at American Express (NYSE: AXP) and comparing it to Visa (NYSE: V), you are essentially comparing the high end to the mass market. Both companies have appeal as businesses over the long haul, depending on your personal investment approach. However, one is likely to have more opportunities to grow than the other. Here s what you need to consider as you decide between American Express and Visa.
Visa is a finance industry middleman. It charges a small, per-transaction fee to connect buyers and sellers. Other companies actually issue the credit cards and debit cards that carry the Visa logo. The issuer of the card assumes the financial risk associated with financing transactions, since a credit card is effectively a revolving line of credit.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »