Visa Looking to Score Biggest IPO of All Time
Posted by admin in Investing

Visa is looking to shatter all IPO records by offering its stock to the public at a volume and price that could mean raising almost $19 billion. The biggest IPO to date was AT&T Wireless' IPO in 2000, which raised a mere $10.6 billion during the height of dot-com craziness.
Visa will offer its initial shares at between $37 and $42, probably under the ticker symbol "V", although it's still not nailed down when the IPO will happen.
Do I think you should buy into this IPO? Heck, yes! I don't care what the market in general is doing-I'm looking at MasterCard, which went public about 2 years ago and is now selling past $200 after its IPO at around $45. As far as I'm concerned, Visa is the stronger brand with a stronger outlook. I'm gonna be on this one.
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I’ve to agree with you about Visa having a stronger brand than MasterCard.
But MasterCard is the leading brand in some Asia countries such as Malaysia.
At the price of between $37 and $42, it’s cheap. Amex has lesser exposure yet is doing well.
So it’s the right time for Visa to go ahed with the IPO. I’ll definitely go for it.