Play the Hundred Dollar roll with Visa (V)
Submitted by theStockMasters... on Tue, 10/18/2011 - 20:32
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To play the hundred dollar roll, investors look for stocks in the $90's that are poised to pop over the $100 level. One stock that looks primed for the hundred dollar roll is Visa (V).
Visa is the undisputed heavyweight champion in the credit card business. With more cards than MasterCard (MA), American Express (AXP) , and Discover Financial (DFS) combined, Visa covers the globe and handled with more than $3.3 trillion in payments during 2010.
Visa & Mastercard are currently going through some anti-trust litigation, so best to not consider this a long term hold. Just play the hundred dollar roll and bank some coin.
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