From a pure business dominance perspective, I can think of few businesses in the history of Western Civilization that have created a better combination of ubiquity and high growth than the e-payment network giant Visa (V). Companies that receive payments, which are loathe to pay out fees for each transaction, have little choice but to gin up and bear it because customers avail themselves of making purchases with either Visa, Mastercard, American Express, Discover, a debit card, a store card/private label card, or cash.
Outside of tech, the net profit margins of 43.8% are so fantastic among blue-chips as to be essentially peerless. I remember watching old Warren Buffett lectures from the early 1990s when he would brag about Coca-Cola’s profit margins in the 26-28% range and cite that fact as a heavy indicator that an investor has found a fantastic long-term investment. It appears you’ve found the top of … Read the rest of this article!
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