Technical Analysis on Visa and MasterCard: Credit Card Provider Profits Soaring

   Technical Analysis on Visa and MasterCard: Credit Card Provider Profits

  PR Newswire

  LONDON, January 24, 2013

LONDON, January 24, 2013 /PRNewswire/ --

The ongoing shift towards cashless transactions continues to fuel significant
gains for major credit card operators such as Visa Inc. (NYSE: V) and
Mastercard Inc. (NYSE: MA). StockCall technical analysts have completed a
detailed set of analysis on Visa and Mastercard, and these are available for
free once you sign up at

New technologies, better macroeconomic data and international growth should
help the industry sustain its current trajectory. The accelerating mobile and
near field communication payment market offers a lot of upside for card
providers. Some speculate that this burgeoning market could hurt card
companies but that does not appear to be the case yet. Visa Inc. became the
first major card company to jump into the space with its service which it
touts as being more than just a digital wallet. Similar services from major
rivals are likely to arrive later this year. Download your free analysis on
Visa Today at

Additionally, improving employment and other macroeconomic metrics should help
lift spending and increase credit card purchases this year. Increased
competition for market share in emerging economies will likely challenge but
not slow major credit card providers. With the earnings season in full swing,
Mastercard Inc. [ Free Report on MA ] ^[ ^(1) ^] will be posting their
earnings on January 31 ^st before the market opens. Visa is scheduled to
release theirs on February 06 ^th after the market. In its last reported
quarter, Visa projected its yearly 2013 earnings per share to grow in the high
teens range, and its yearly net revenue growth is anticipated to be in the low
double digit range.

For its most recent reported quarter, Mastercard stated that its purchase
volume was up 12% for the quarter as compared to a year ago with gains in its
international segment being a key catalyst. MasterCard saw a growth of 8% in
its third quarter profit and a 5% increase in revenue as compared to a year


1.MasterCard Inc. Technical Analysis [ ]

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