Visa was hit by the market’s downturn last week. This is an opportunity to buy Visa on a pull back.

CIT Group, Inc., a commercial finance company, provides a set of financial products and services worldwide. Its products primarily include asset based loans; secured lines of credit; operating, capital, and leveraged leases; vendor finance programs; import and export financing; debtor-in-possession/turnaround financing; acquisition and expansion financing; project financing; small business loans; transportation finance; and letters of credit/trade acceptances - This institution got into the consumer prime lending business within the last three years. They have fallen prey to the current banking and credit crisis. CIT is regrouping and selling assets to stay afloat. This is a speculative play with either a big payday if CIT is successful or loss if the company fails. I am buying 2010 call options on CIT.

Wow what a stock. If you have not bought V you need to buy on the next dip.
Visa (V) posts $0.52 second quarter adjusted EPS (Class A) on revenue of $1.5 billion. It says its financial outlook over the next three years includes the following metrics: annual net revenue growth of 11%-15%; annual adjusted operating margin in the low 40% range; annual adjusted EPS growth of 20% or greater; and annual free cash flow in excess of $1 billion.

Wow what a stock! Visa had a great day followed by an incredible After Hours trading. The stock went above $76.75. The analysts are talking about the earnings coming up next week and this is pushing the stock higher. As they said tonight on Fast Money the first two earnings reports for IPOs are home runs. This is because there is no historic data to gauge against. This is a BUY!!!!!! Don’t miss the train.

Don’t miss out on this profit train. This is a great opportunity to make some serious cash. Tonight on CNBC’s Fast Money they discussed Visa and opportunity. They said don’t wait for a downside because this stock wont have one.

Visa had a record breaking day today. It broke the $70.00 price for the first time. Watch Visa for a pull back and buy. This is a long term hold. At this rate V will reach $75 in five or six weeks.

Freddie Mac said in a press release that it will purchase conforming jumbo loans from Wells Fargo & Co (WFC), JPMorgan Chase & Co (JPM), Citigroup Inc (C) and Washington Mutual (WM).

This really makes these finance companies attractive. This is a long buy.

Might be to expensive for a quick profit after earnings

The technical charting for this stock is looking good. It could break out after the earnings announcement. This might be a nice profit wave to ride. Keep an eye on this play. You gamblers might want to jump in pre earnings announcement. The earning will be released after the bell today. The rest of you can watch. I am going to watch for a down turn today.

I bought V on the first day of the IPO. That was an experience in itself. I really believe in this stock for the long term gain. I have a stock pile of V that I bought day one that I plan to hold. I also buy blocks of Visa on down turns. I have been able to flip Visa twice now for a profit. I was watching the downturn yesterday and did not buy. I honestly hoped that it would have another bad day today. Continue…