Since recommended Mastercard (MA) and Visa (V) a while back, both stocks have went on a nice run. That being said, it looks like the credit card play is either about to experience a pullback or move to higher highs.
From a technical standpoint. The next couple of trading days will be key in determining the overall trend of these stocks.
Another piece of news to watch is when both these companies release their earnings in the next couple of weeks. With a very strong holiday shopping season, both companies should perform well.
More on this topic
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(V) Visa’s Earnings Shine – Raises Outlook
(Stock Blog Hub, 5/2/13)
Hertz in the Currency Exchange Business
(Michael James on Money, 5/26/13)
(V) Visa Stays at Neutral
(Stock Blog Hub, 3/13/13)