This column is my opinion and expresses my views. Those views can change at a moments notice when the market changes. I am not right all the time and I do not expect to be. I disclose all my positions clearly listed on the page, and I do not trade my account on the stocks spoken of in this column unless fully disclosed. If that does not work for you stop reading and close the page. Do not bother me or harass me.
Otherwise, enjoy the column!
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Visa, MasterCard, Home Depot, Netflix, Take-Two, Activision, Oracle
MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF VISA, MASTERCARD, AND NETFLIX
Let’s face it; if we are living in an Amazon, Netflix, e-commerce world, and you can’t use any of those services without a Visa or MasterCard. There is no doubting that as consumers continue to move more and more to a digital world, Visa and MasterCard become more critical. Use ApplePay, you still need a Visa and MasterCard. Amazon prime – you guessed it Visa and MasterCard. Costco- Visa only.
Sure you can own American Express, but there you have a company that is also holding the debt of its consumers. Visa and MasterCard, is like going over a bridge, pay the toll and collect the fee. Visa and MasterCard are the toll keepers to the networks.
Visa and MasterCard continue to become a more and more critical part of our daily lives. I have owned both stocks since I started the thematic long-term growth strategy in August of 2014.
Shares of MasterCard keep going up, with the stock breaking out in a big way this past week, and I think it has further to run, perhaps to around $212, based on the chart.
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Visa broke out this past week too, and it looks set to keep rising towards $145.
Home Depot’s stock is back and looks to be ready to climb back to its old highs.
Netflix subscription searches are still hot around the world, according to Google Trends with the Philippines and Singapore performing strong. I have owned this own since August of 2016.
Oracle is starting to show some positive momentum, and they have results coming on the 19th. The chart is looking reasonably healthy, and the RSI is rising nicely. I will do an earnings preview next week. But the chart would suggest a rise back to $52.
I still haven’t made up my mind whether e-gaming leagues are the next big thing or just a fad. I keep going back and forth on the topic. But the gaming stocks are hot and look to get even hotter.
There is a bullish pattern in Take-Two
Sorry for the quick run down, but I have a lot to do. Unfortunately, I work on the weekends too. Although my backlog is not the size of Boeing’s, I’m a one-person show, and my kids are too young to read and write! 🙂
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Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future.
#netflix #amazon #visa #mastercard #activision #taketwo #oracle #homedepot