Purchase Details

Company: Visa
Ticker:V
Yahoo Beta:1.16
Industry:Credit services

Company Description:  Visa, Inc. is one of the two major global payment processing companies.

Purchase Date:16 Nov 2016
Purchase Price:$79.50
  --Split Adjusted:$79.50
Shares Purchased:65
  --Split Adjusted:65
Transaction Fee:$9.99
Price Range (6 Months Prior):    
High$83.36
Date22 Sep 2016
Low$73.34
Date27 Jun 2016
S&P (Purchase Date):$2,175.40

Timing:  We bought in the middle of the six month range.
Reason:  Growth in payment technologies has been robust and continues at a strong pace. Visa has the largest market share of payment processors globally, and has been innovative in introducing new products. Recently, Visa has added P2P services and a product, mVisa, which essentially allows people to use their telephones as an electronic debit card. We believe that Visa as strong growth opportunities in developing economies, where many transactions are still cash-based.

Total Spent:   $5,177.49