Friday, May 2, 2008

MA to $500

MA closed @ 294

Visa's price target was raised to 100 today. Tell ya what.. if V gets to 100, MA is going to $400-500. These two companies aren't that much different. In terms of earnings, MA has a better profit margin. MA has recent quarter earnings of nearly 400 million on revenues of 1 billion, while V has same earnings on revenues of 1.5 billion. MA trades at 38 billion market cap vs. Visa's 66 billion market cap.

Take out you wallet lately? I did, and i got the same number of Mastercards as i do Visas.

Both stocks have very strong momentum of late. They're both going higher.


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