Historically, tumultuous times offer some of the best opportunities to buy cheap stocks, and the market's recent mess surely qualifies. Even with all the volatility in consumer credit, many investors think credit transaction facilitator Visa
In our Motley Fool CAPS community, nearly 94% of the 4,392 investors rating the company are bullish, so there's no shortage of reasons being put forth for why Visa will thrive. I've highlighted three of them below.
But here at The Motley Fool, we're all for looking at both the good and the bad sides of an investment. Once you're done with this article, you can read the case against Visa, weigh in with your own comments, or rate Visa yourself in CAPS.
1. Better economic days ahead
Many investors believe Visa is in a strong position to benefit from a recovering economy. Similar to MasterCard
2. No baggage
3. Increasing use of debit cards
In addition to being the top worldwide name and brand in credit card transactions, Visa is seeing rapid growth in the use of debit cards displaying its logo. The dollar volume on its debit payments surpassed that of credit transactions early this year for the first time in company history and has picked up still more in recent months. And Visa sees big opportunity ahead in developing countries, where many consumers still have yet to convert to plastic from cash and checks.
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Fool contributor Dave Mock can easily come up with three reasons not to get off the couch some days. He owns no shares of companies mentioned here. Amazon.com is a Stock Advisor selection. American Express, Discover Financial Services, and Wal-Mart Stores are Inside Value selections. The Fool's disclosure policy now knows why five margaritas are not better than two.