Abstract: Explain the reasons of buying US stock Visa (V) and share my views.
Transaction detail
What I want to share with you today is the transaction I made on November 17. The details are as follows:
Bought stock
Image source: https://seekingalpha.com/symbol/V/chart
Reasons for buying Visa
Yesterday Visa had a bad news that Amazon will ban users from using Visa credit cards issued from UK because of its excessive charges. But Visa has announced that it will actively seek solutions to solve the problem. I believe Visa will eventually find a suitable solution. I think this is only a short-term disadvantage and will not fundamentally shake Visa’s good business foundation. In addition, the world is gradually liberalizing tourism. I believe that cross-border tourism consumption will drive Visa’s business. Therefore, this short-term bad news is providing long-term investors with a good opportunity to buy low, so I once again increased the position of Visa in a small amount.
Comments and sharing
If you have any questions, please feel free to leave a message or comment below, I will reply you. Or if you find anything incorrect in the article, please let me know and learn from you. If you find it interesting or it may help you in any sense, please share with other people.
