Visa Is Expensive, But Still A Buy

Justin SullivanIntroduction I recently wrote about American Express (AXP) as an exciting investment option in financial services. One of the comments I got asked me about the difference between American Express and Visa (NYSE:V). Visa is focused on the infrastructure of transactions and doesn't offer credit like American Express. However, some parts of their business still overlap, such as payments. Therefore, they are competing in some competitive arenas. On March 7th, Visa presented at the Morgan Stan ...