It's no mistake that Visa was able to get its massive $19 billion IPO not only done, but done above the original pricing range in a tough environment. As pretty much any Joe on the street can tell you, Visa has a great business and it's in an industry that's booming as more and more people move from cash to card.
And let's not forget Mastercard in this equation either. After its IPO, Mastercard's stock had an amazing run of over 400% in less than two years. Since Visa looks like Mastercard and smells like Mastercard, surely its returns will mirror Mastercard's, right?
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