Thursday, May 3, 2012

Seeking Alpha: Investors Fret As Visa Rolls On

I don't want to trivialize a Department of Justice investigation, nor the possibility that the government will force Visa (V) to modify its post-Durbin strategy, but I'll argue that the odds are good that whatever it takes to get this worked out will look like a rounding error in a couple year's time. Although there's a chance that the move toward mobile payment may shake up the business a bit, the sheer power of Visa's network and the realities of consumption-oriented economies argue for a lot of durable value in this company.

Please read more here:
Investors Fret As Visa Rolls On

No comments: