The improving U.S. economy is helping more consumers repay their loans on time. That’s pushing down loan losses at a number of U.S. banks, and improving their profits.
However, the outlook for the U.S. banking industry remains uncertain. High unemployment continues to hurt demand for new loans, and the industry faces greater regulations in the wake of the financial crisis.
Stock advice: Diversification is the key to lowering your risk in the U.S. finance sector
We feel you can cut your risk in this area by adding other types of financial companies to your portfolio, such as insurance firms and credit-card companies. For example, in the latest Wall Street Stock Forecaster we give you our in-depth stock advice on 6 non-bank U.S. finance companies that may be appropriate for your portfolio. One of these companies is Visa Inc. (symbol V on New York).
How Visa’s business model helps cut its risk
Visa operates the world’s largest retail electronic-payments network. The company processes credit, debit, prepaid and commercial payments under the Visa, Visa Electron, Interlink and PLUS brands.
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The company generates revenue from fees it charges card issuers and merchants for using its network. These fees are based on payment volume, transactions processed and other factors. Visa is a financial intermediary, so it doesn’t lose money if consumers default on their credit-card debt. Banks that issue Visa cards are responsible for liabilities, repayment terms and customer creditworthiness.
Trend toward debit and credit cards favours Visa
The company continues to benefit as consumers switch from cash and cheques to credit and debit cards. The company’s revenue and earnings rose sharply in the latest quarter, mainly due to rising transactions. Visa processed 12 billion transactions in the quarter, up 13% from a year earlier.
Like many U.S. financial firms, Visa is facing increasing regulations. The stock fell sharply in December 2010 after the U.S. Federal Reserve proposed new limits on fees banks can charge for debit-card transactions. Visa gets about 20% of its revenue from debit-card transactions in the U.S.
Get our in-depth analysis and clear buy/sell/hold stock advice on Visa FREE
In the latest Wall Street Stock Forecaster, we take a fresh look at Visa, including its plan for dealing with potentially stricter financial regulations. Our analysis is based on all the company’s fundamentals, including its latest earnings, its current market position, and its price-to-earnings (p/e) ratio (the ratio of a stock’s market price to its per-share earnings). We conclude our analysis with our clear stock advice on whether you should buy, hold or sell the shares.
Best of all, right now you can get this issue, which contains our stock advice on Visa and 5 other U.S. non-bank financial stocks—absolutely FREE. Your free trial also includes 5 in-depth Special Reports and our weekly Email/Telephone Hotlines and much more—all with no cost or obligation.
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The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
We store subscriber and password files containing personal information securely. These files are stored in secure areas that are not accessible to the general public. We are always working to ensure the security of your personal information.
We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
The contents of this web site and our publications are based upon sources of information believed to be reliable, but no warranty or representation, expressed or implied, is given as to their accuracy or completeness. Any opinion reflects the Successful Investor’s judgment at the date of publication and neither the Successful Investor, nor any of its affiliated companies, nor any of their officers, directors or employees, accepts any responsibility in respect of the information or recommendations contained in the publications or on this web site. Moreover, the information or recommendations are subject to change without notice.
Information presented on this web site or contained in our publications is not an offer, nor a solicitation, to buy or sell any securities referred to on the web site or in the publications. The material is general information intended for recipients who understand the risks associated with an investment in any securities referred to in the publications or on this web site. The Successful Investor has made no determination regarding whether an investment, course of action, or associated risks are suitable for the recipient.
