1. As of noon trading, Visa ( V) is down $3.90 (-1.7%) to $229.09 on light volume. Thus far, 1.1 million shares of Visa exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $229.05-$232.33 after having opened the day at $231.66 as compared to the previous trading day's close of $232.99. Visa Inc., a payments technology company, is engaged in the operation of retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $117.3 billion and is part of the financial services industry. The company has a P/E ratio of 30.6, above the S&P 500 P/E ratio of 17.7. Shares are up 4.6% year-to-date as of the close of trading on Wednesday. Currently there are 16 analysts that rate Visa a buy, no analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates Visa as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Visa Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).
Microsoft released upgrades and products Wednesday including "Surface Studio" for artists. Bill Gates, Microsoft's Co-Founder, appears below with an early computer running the Paint program, the first of its kind.