Visa Inc (NYSE:V) is a relatively recent IPO that provides payment solutions in support of credit and debit programs to financial institutions. The company has shown better fundamentals than most in its group, with EPS growth of 49% and 73% the quarter before. Sales growth has been strong as well, although not as strong as earnings. Last quarter saw 22%, 27% before that and 50% before that. The stock has also shown solid trends, much better than the overall markets have in recent days and weeks. When the over-all markets pullback, this often provides the very best opportunities for isolating truly strong stocks. Visa has pulled back in a nice orderly manner to support. I will be looking for buying opportunities in the stock.
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