A brilliant "spending stock" message from our colleague Porter Stansberry...
We've checked out the soaring shares of Starbucks and Dillard's this week as proof that, for better or worse, the government's massive "goosing" is getting money back into restaurant and retail businesses. Scores of restaurant and retail stores top the new-highs list nearly every day.
Here's another example... and "probably the best one," according to Porter. It's the past year's trading in the world's largest credit-card company, Visa. Shares are up 43% this year.
A Visa-facilitated transaction ranks right up there with breathing and walking as the most frequent activity the average American performs each day... and Visa takes a sliver of each one. This makes Visa's profits and share price a "real time" read on the velocity of money and credit.
Porter forecasted the bull market in Visa and recommended the stock as a way to play the flurry of financial transactions the Great Goosing would produce. Put this one on your watch list. As the Great Goosing continues, it's going to go higher.
We've checked out the soaring shares of Starbucks and Dillard's this week as proof that, for better or worse, the government's massive "goosing" is getting money back into restaurant and retail businesses. Scores of restaurant and retail stores top the new-highs list nearly every day.
Here's another example... and "probably the best one," according to Porter. It's the past year's trading in the world's largest credit-card company, Visa. Shares are up 43% this year.
A Visa-facilitated transaction ranks right up there with breathing and walking as the most frequent activity the average American performs each day... and Visa takes a sliver of each one. This makes Visa's profits and share price a "real time" read on the velocity of money and credit.
Porter forecasted the bull market in Visa and recommended the stock as a way to play the flurry of financial transactions the Great Goosing would produce. Put this one on your watch list. As the Great Goosing continues, it's going to go higher.
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