This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Rocket Stocks to Buy in October


Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Visa (V - Get Report) is no slouch when it comes to having an economic moat either. The global payment network has its logo printed on more than 60% of the world's payment cards. While that puts a big target on Visa's back, it's going to be hard for newcomers to take on the success that Visa has built among consumers and among merchants, both of whom see Visa acceptance as requisite to do business.

>>10 High-Conviction Stock Buys From Fund Managers

Payment card acceptance is a positive feedback loop. Consumers see Visa's network accepted everywhere they shop, so they're more likely to get a Visa-braded card, and merchants see more customers whip out a Visa than any other brand, so they're more willing to keep accepting Visa. That makes the firm's network extremely hard to replicate for new networks unless it's willing to take a huge haircut on the fees it charges. In my view, only American Express (AXP) has been able to buck that trend, charging much higher rates for purchases, but its acceptance rate suffers as a result.

It's also important to remember that Visa's the payment network, not the credit card issuer. Visa's bank partners issue the actual cards, taking the credit risk away from Visa's balance sheet. Better still, the firm was at the forefront of the debit card trend, a move that spared it from getting hammered after 2007 when consumers started eschewing credit in favor of cash.

Visa is certainly no value play right now -- it's a pricey stock. That said, its momentum trajectory looks intact, so we're betting on shares in October.
4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
DIS $114.86 1.20%
IBM $140.18 0.55%
LLY $85.57 4.30%
PCLN $1,270.70 1.70%
V $79.33 0.41%


Chart of I:DJI
DOW 17,813.59 +93.67 0.53%
S&P 500 2,090.25 +9.84 0.47%
NASDAQ 5,126.9090 +18.2430 0.36%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs