Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 10.62% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock dropped below the $145.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Visa is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Visa is bullish.
The RSI indicator is at 69.64 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Visa
Visa Collaborates with EMQ, Expands Cross Border Business
Wed, 20 Mar 2019 19:54:07 +0000
Visa's (V) partnership with EMQ will expand its presence across Asia Pacific.
EBIX Stock Is Risky at Best but Still Worth a Good Hard Look
Wed, 20 Mar 2019 12:28:09 +0000
Insurance data company Ebix (NASDAQ:EBIX) has been evolving and increasingly, Ebix stock has started a slow march up. It's a pleasant surprise as I first ran into this company almost a decade ago, when I was still at ZDNet.At the time they were buying a health care information company called A.D.A.M., for $66 million. I recently found my story on the Ebix Web site.InvestorPlace – Stock Market News, Stock Advice & Trading TipsSince then, Ebix has ridden a lot of ups and downs. The stock traded as low as $9.26 per share in 2012. But it found its footing and rose to as much as $83 per share last year. It opens for trade March 12 at about $51.30 per share.Ebix is worth looking at again because it's no longer the company it was. It's a broader company, with interests in insurance as well as health care. It is also much more focused on India, which is where CEO Robin Raina hails from.That's the real story. * Top 7 Service Sector Stocks That Will Pay You to Own Them Payment Innovation and Ebix StockTransaction processing has long been an American lake, dominated by Visa (NYSE:V), MasterCard (NYSE:MA), and their networks of processing partners, many of which have operations in Atlanta, where Ebix is based in the suburban town of John's Creek.But India's government recently pushed through a powerful transaction processing innovation, a Unified Payments Interface that has made India the innovation center of the global payments industry.Not only did India create a low-cost payment infrastructure, it also pushed people to use it, banning high-denomination bills to fight tax evasion and pushing commerce into the new system.The rise of low-cost digital payments has boosted Alibaba Group Holding (NASDAQ:BABA), Tencent Holding (OTCMKTS:TCEHY) and even American companies like Alphabet (NASDAQ:GOOGL) and Facebook (NASDAQ:FB), all of which have taken advantage of the new infrastructure, at the expense of banks and traditional processors.This is what Ebix is tapping into. India Moves and Ebix StockEbix' market cap is barely $1.5 billion, but U.S. dollars go a long way in India.The company has made 11 deals in India in just 14 months, all in various areas of ecommerce infrastructure. The purchases cost about $500 million. Raina wants to invest another $500 million this year, and take what had been the remittance system ItzCash, now renamed EbixCash, public.Raina's latest deal, announced March 11, is a proposal to buy Yatra Online (NASDAQ:YTRA), the ticketing firm behind Yatra.com, an Indian rival to Expedia (NASDAQ:EXPE) or Booking Holdings (NASDAQ:BKNG).The company had already bought 80% of Zillious, another online travel booker. The plan is to make Yatra part of EbixCash, then take the whole thing public.On March 1, Ebix announced its revenue for 2018 was up 37% to $497.8 million and a few days later it announced plans to be at a run rate of $750 million by the end of this year. The country's footprint in India is large enough for it to sponsor one of the country's leading business conferences and host the country's Prime Minister, Narendra Modi. The Bottom Line on Ebix StockIndia is one of the world's fastest growing economies, and electronic transactions, thanks to government help, are one of the fastest-growing parts of that economy.Ebix has transformed itself, in barely a year, from a small American company focused on health payments into a real competitor inside this enormous opportunity.It has taken real risks to do this, with long-term debt of $274 million and a revolving line of credit worth another $424 million. Its operating cash flow, $89.8 million last year, can hardly keep up.Ebix is all-in on India and has made itself a speculative stock in the process. But speculating on Ebix stock is worthwhile, and if you want that kind of international exposure, here it is.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post EBIX Stock Is Risky at Best but Still Worth a Good Hard Look appeared first on InvestorPlace.
EMQ and Visa Team Up to Offer Cross-border Remittances across Asia Pacific
Wed, 20 Mar 2019 01:10:00 +0000
HONG KONG and SINGAPORE, March 20, 2019 /PRNewswire/ — EMQ, a leading cross-border settlement network in Asia and Visa (NYSE:V) today announced a strategic partnership to offer cross-border remittances across Asia Pacific. This partnership pairs the capabilities of EMQ's extensive network and Visa's real-time[1] push payments platform, Visa Direct, to offer customers superior cross-border solutions with greater choice, transparency, and flexibility.
Were Hedge Funds Right About Visa Inc (V)?
Mon, 18 Mar 2019 22:01:34 +0000
With the fourth-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the first quarter. One of these stocks was Visa Inc (NYSE:V). Visa Inc (NYSE:V) has experienced an increase […]
Visa (V) Stock Sinks As Market Gains: What You Should Know
Mon, 18 Mar 2019 21:45:09 +0000
Visa (V) closed at $155.03 in the latest trading session, marking a -0.28% move from the prior day.
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