Your credit card is going public on the NYSE according to an article out of CNN’s website.

With many different stocks typically raising $100-200 million per initial offering, this one plans to be huge. VISA Credit Card Services is planning on raising upwards of $18billion as some estimates have shown. With many stocks that we have in our portfolio, we are directly involved in the stocks such as myself visiting the Disney theme parks so Disney is in my portfolio. Visa has all of us connected.  

It’s in our wallets in the form of a plastic card. Visa makes their revenue from processing every transaction done by your VISA card, no matter what bank or financial house offers the card. I am not completly sure how many places around the world VISA is accepted, but it is definetly in the hundre thousands. Raising $18 billion means one thing to the savvy day trader, get in quick before the mid-day spike happens.

Two Things Can Happen- They are Risky:

• Analysts predict around $18billion in the offering and the spike can raise that amount in the first week, or
• Analysts downgrade the true amount of capital raised and once the stock price spike happens, a drastic fall will occur, then possibly a tiny rise.

As many blue chips are seen as steady and stable investments, VISA can surely be added to that category as they have steadily increased their market share over American Express, Discover, and Diner’s Club.

I will not personally be investing in VISA, but I can be assured that a few mutual funds I am scouting will buy a huge chuck.

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Filed under: Investments, Portfolio Income