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Hi friends!
This week, the indexes ended higher with the Dow Jones hitting a new record! We continue to see a slow rise in the market...We look forward to next week when some of our favorite companies will be releasing their earnings 😎.
Here's a look at the 5-day change for ETF's SPY (or the S&P 500), DIA (or the Dow 30), and QQQ (or the Nasdaq 100).
SPY : 2.06%, closed at $453.12
DIA : 1.53%, closed at $356.74
QQQ : 1.76%, closed at $374.1
Bueller? 👨🏫
The workforce does not see a rush in of workers even as jobless aid is revoked. It looks like the pandemic has made people reflect and want to change their work...or not work?
Evergrande 🇨🇳
The Chinese real estate group avoided it's default on Friday by making a payment. There are still more payments to come.
Bollywood 🇮🇳🍿
Mumbai opens their theaters after 18 months as their pandemic restrictions are eased.
Earnings
Here's earnings for the upcoming week:
Visa Inc (V): 2021-10-26 After Market Close (Estimated EPS: 1.53)
Alphabet Inc (GOOGL): 2021-10-26 After Market Close (Estimated EPS: 23.13)
Microsoft Corp (MSFT): 2021-10-26 After Market Close (Estimated EPS: 2.06)
Facebook, Inc (FB): 2021-10-25 After Market Close (Estimated EPS: 3.2)
Advanced Micro (AMD): 2021-10-26 After Market Close (Estimated EPS: 0.61)
Waste Management (WM): 2021-10-26 Before Market Open (Estimated EPS: 1.33)
Capital One (COF): 2021-10-26 After Market Close (Estimated EPS: 5.22)
McDonald's (MCD): 2021-10-27 Before Market Open (Estimated EPS: 2.46)
Coca-Cola (KO): 2021-10-27 Before Market Open (Estimated EPS: 0.57)
Starbucks Corp (SBUX): 2021-10-28 After Market Close (Estimated EPS: 1)
Apple Inc (AAPL): 2021-10-28 After Market Close (Estimated EPS: 1.23)
Amazon.com (AMZN): 2021-10-28 After Market Close (Estimated EPS: 8.72)
Mastercard Inc (MA): 2021-10-28 Before Market Open (Estimated EPS: 2.18)
Visa (V) 💳
V is a multinational financial services corporation. You most likely have one of their debit or credit cards and hopefully, you use them wisely 😊. This company provides financial institutions, payment products that they use to offer their customers. One way V makes money is off of their processing fees. Every time someone makes a purchase with their card, V gets a small percentage. It doesn't sound like much, but when you take the volume of transactions into consideration, it all adds up 💰. Let's PAY attention to their fundamentals 🔎.
Annual Revenue:
2020-09-30 : $21.85B
2019-09-30 : $22.98B
2018-09-30 : $20.61B
2017-09-30 : $18.36B
2016-09-30 : $15.08B
Earnings History:
2021-07-27 : beat (Estimate: 1.35, Actual: 1.49)
2021-04-27 : beat (Estimate: 1.27, Actual: 1.38)
2021-01-28 : beat (Estimate: 1.28, Actual: 1.42)
2020-10-28 : beat (Estimate: 1.09, Actual: 1.12)
Historical Stock Price Returns:
3-month : -7.21%
1-year : 15.99%
5-year : 177.68%
Visa (V) Max Chart (Yahoo Finance)
We can see that V has a strong upwards trend. The company did have lower annual top-line revenue during the pandemic which is understandable because people couldn't travel and go out to spend money. V has also delivered 4 consistent beats. When we invest in long-term holds, we typically like to see an increasing annual top-line revenue and a consistent, strong upwards trend. If you would like to learn more, join our level 1 and 2 courses to learn how we utilize the wheel strategy to make money during neutral markets and how we trade LEAPs to take advantage of bull markets!
Who Competes with V?
A few of V's competitors include Mastercard Incorporated (MA), Bank of America Corporation (BAC) and JPMorgan Chase & Co. (JPM).
Discord Launched!
Just as a PSA, we released our discord channel! Log in and go to the dashboard at www.calltoleap.com/courses and scroll to the bottom of the page for instructions on how to get plugged into the community.
If you're a paid subscriber, remember to check in on positions in the wheel in your dashboard or in the course pages! Until next time!
- Call to Leap Team