For well-nigh 20 years now, The Motley Fool has been here to help you invest better and smarter, using spot-on analysis and a razor-sharp wit. To celebrate Worldwide Invest Better Day on Sept. 25, we're taking some time to get back to the basics -- of investing, that is. In that spirit, I've rounded up some sweet financial-sector stocks that have been showing some real sparkle and promise lately.
Without further ado, let me introduce you to the focus of this particular article: powerhouse credit card issuer Visa
A king among cards
From its debut as a Bank of America
Visa turned in some very nice Q2 numbers recently, showing off a 10% increase in revenue from last year, as well as an impressive 25% rise in net income. For the past few years, this consistent performer has gained at least 20% each year in the earnings department. Visa also paid out a nice $0.22-per-share dividend recently, an amount that hasn't changed since last fall. It's worth noting, though, that the company has raised its payout every few months since 2008, a good sign for investors who like some extra income when they invest.
Visa has been busy moving into mobile payments, in addition to all of its other services. Recently, it joined forces with MasterCard, fellow card issuers American Express
Visa looks to the future
Visa, with all of its payment services, is well situated for future growth. Consumers love their credit and debit cards, and the company is already positioning itself as a player in the nascent mobile-payments space. In an economy that is more than two-thirds consumer driven, providing the methods for people to pay for everyday purchases is a pretty sweet business to be in.
I'll be covering other great stocks over the next couple of weeks, as will my fellow Fools, in celebration of Worldwide Invest Better Day. Check out our special website set up especially for this investing extravaganza at InvestBetterDay.com. There will be lots of great articles posted there through Sept. 25, all with a particularly informative take on various facets of investing. We'd love to have you on board, too -- so check out the site and prepare to be informed and amused by the never-dull world of investing!