Top 5 Blue Chip Stocks To Invest In Right Now

Top 5 Blue Chip Stocks To Invest In Right Now: Visa Inc.(V)

Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.

Advisors' Opinion:

• [By Jared Cummans]

  Credit card giant Visa (V) reported Q3 earnings after the closing bell on Thursday.

  V Earnings in Brief

  The company reported EPS of $2.17, easily beating analyst estimates of $2.10 and marking a 15% growth from the same quarter a year prior. Revenues for the quarter came in at $3.16 billion, edging out The Street’s expectation of $3.15 billion. Total operating expenses for the quarter came in at $1.1 billion, a 3% decrease YoY; this stemmed from a reduction in personnel and marketing fees. Total processed transactions for the quarter was a massive 16.7 billion.

  CEO Commentary

  CEO Charlie Scharf had this to say concerning the release: “We are pleased to report 15% earnings per share growth in the face of a continued, subdued global economy. As expected, revenue growth was affected by a strong U.S. dollar and tepid growth f! rom cross-border transactions. More importantly, global payments volume and processed transactions remained healthy and strong. While some of the headwinds will likely continue in the short-term, we are confident our investments in products such as Visa Checkout, new technologies like tokenization, and new relationships with financial institutions and merchants will continue to drive double-digit revenue growth over the long-term."

  V’s Dividend

  The company declared a dividend of $0.40 per share, which will be paid on 9/3/2014.

  Stock Performance

  Wall Street was not impressed with Visa’s numbers, as the stock fell nearly 3% in after-hours trading, leaving some scratching their heads as to what was bringing the ticker down.

  V Dividend Snapshot

  As of Market Close on July 24, 2014

  Click here to see the complete history of V dividends.

• [By Ben Rooney]

  Starbucks (SBUX) and Visa (V) will report after the close.

  Stronger economy: The number of Americans filing first-time claims for unemployment benefits fell to a more than 8-year low, according to the Labor Department's weekly report.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-blue-chip-stocks-to-invest-in-right-now-5.html