Quote:
Originally Posted by wouwou
V has like, 60%+ of the most important credit market.
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Seriously.. in stock market.. people don't really care about percentage of the market share you are taken over, it's the GROWTH!
Visa is more focus in US (which people started to slow down their spending), while Internationally, Mastercard is much more exposed than Visa.
While other countries are spending more, Mastercard is earning more than Visa.
In conclusion, VISA and Mastercard is really good long play growth stock. We are using 'plastic' more and more than we used to. Both companies are taking pennies from every single dollar we used their 'plastic' to pay for gas, grocery...etc..