Will Visa see further gains this year?
Visa is a well known American multinational financial services company with its HQ in California. Visa is coming into a strong time of year. From Jan 29 – Feb 17 Visa shares have increased in value a total of ten times in the last twelve years. The highest gain was in 2009 with an +18.97% profit. The largest loss was -2.91% in 2016.
- The main risk to this trade is if US stocks move lower on concerns over rising US 10 Y yields
- Another risk would be risk off trading on COVID-19 lockdowns.