Visa (V) and Mastercard (MA) on a roll!
5-30-08: In today’s current market condition, there are very few places to hide. It seem no matter where you decide to invest, you will likely be impacted by the high price of oil. As we have mentioned before, oil make this economy run as many aspects of our lives are tied to crude price. It all starts with the price of gasoline which trickles down to things like food. All of the sudden, your dollar doesn’t go very far. In the face of economic uncertainly, there are some companies which remains to benefit. Two companies we like, Visa (V) and Mastercard (MA). In our view, these two companies will continue to grow and benefit despite the dismal macro economic picture.