It may not have as much of an impact as you think. Many companies like #Visa, #Mastercard and #Amex made a big PR splash saying they were cutting off Russia. But if you read the fine print, they simply were not letting people use Russian issued credit card in other countries. They will still work just find in Russia, which means this will have virtually no affect at all.
As for companies like #McDonalds and #Apple, Putin said he may simply nationalize those companies' stores and confiscate all their assets, and continue to run them with Russians in charge!
I just think that for a major DOW component like $V to drop 35% there would have to be some kind of major fundamental issue, or a severe market correction. Earnings next week could cause a pullback, but I think #Visa will break 200 before EOY.
Of course $V revenue is going to slow b/c of inclusion #Visa Europe has been realized. In 2008-3Q2016 growth was high single digit to low teens. 2017 was exception b/c of Europe. 2018 will be as before high single digit to low teens.
Interesting read @[Noah Kiedrowski](user:61502), but what's your take on @[Quad 7 Capital](user:61213)'s opposing view on $V?
www.talkmarkets.com/.../visa-is-still-a-buy
Would love to see you two debate the virtues of #Visa.
Ancient Lessons For Modern Planners
It may not have as much of an impact as you think. Many companies like #Visa, #Mastercard and #Amex made a big PR splash saying they were cutting off Russia. But if you read the fine print, they simply were not letting people use Russian issued credit card in other countries. They will still work just find in Russia, which means this will have virtually no affect at all.
$V $MA $AXP $MCD $AAPLAs for companies like #McDonalds and #Apple, Putin said he may simply nationalize those companies' stores and confiscate all their assets, and continue to run them with Russians in charge!
Visa: Attractive Growth, But This Dow Stock Is Too Expensive Today
I just think that for a major DOW component like $V to drop 35% there would have to be some kind of major fundamental issue, or a severe market correction. Earnings next week could cause a pullback, but I think #Visa will break 200 before EOY.
Visa’s Growth Slowdown Has Begun
Of course $V revenue is going to slow b/c of inclusion #Visa Europe has been realized. In 2008-3Q2016 growth was high single digit to low teens. 2017 was exception b/c of Europe. 2018 will be as before high single digit to low teens.
Visa’s Growth Slowdown Has Begun
Aren't you comparing #Visa prior Eu rev with Eu rev growth from 2016 vs 2017.?
Visa Is Still A Buy
Good read @[Quad 7 Capital](user:61213), but what's your take on @[Noah Kiedrowski](user:61502)'s opposing view on $V?
www.talkmarkets.com/.../visas-growth-slowdown-has-begun
Would love to see you two debate #Visa so I could figure out which one of you is right!
Visa’s Growth Slowdown Has Begun
Interesting read @[Noah Kiedrowski](user:61502), but what's your take on @[Quad 7 Capital](user:61213)'s opposing view on $V? www.talkmarkets.com/.../visa-is-still-a-buy Would love to see you two debate the virtues of #Visa.
Visa’s Growth Slowdown Has Begun
Seems to me that #Visa has been doing great. I don't see any slow down ahead. Are you short $V? If so, please disclose that.