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Visa Inc. (V) operates as a retail electronic payments network worldwide.
The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
It owns and operates VisaNet that is involved in the authorization, clearing, and settlement of payment transactions; and provision of fraud protection for account holders and assured payment for merchants.
The company also offers a range of issuer processing services for participating issuers of Visa debit, prepaid, and ATM payment products. In addition, it provides electronic payment, risk management, and payment security solutions to online merchants; digital goods transactions services in online games, digital media, and social networks; and mobile financial services for mobile network operators and financial institutions in developing economies.
The company offers its services under the Visa, Visa Electron, Interlink, and PLUS brands.
Shares have formed a bullish "flag" that is supported by the stock's 200-day moving average. Higher share prices are expected for this stock.
52-Weeks Trading Range: $48.80 - $76.92
Entry Point: $70.10
Stop Loss: $67.60
Target Price: $77.15
V closed at $75.00 after its 30-days expired.
