Top 10 Blue Chip Companies To Invest In Right Now

Top 10 Blue Chip Companies To Invest In Right Now: Visa Inc.(V)

Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.

Advisors' Opinion:

• [By Bloomberg]

  Scott Eells/Bloomberg via Getty Images American Express (AXP) is seeking to broaden its customer base by offering its first no-fee credit product that grants holders access to all of the lender's rewards programs. The "EveryDay" card is AmEx's biggest debut in terms of the amount of money spent on development and marketing since AmEx launched its "Blue" brand in 2000, according to Ed Gilligan, president of AmEx. The card issuer, already the biggest by purchases, is seeking new kinds of customers including U.S. mothers by offering incentives such as extra points for shopping at supermarkets, Gilligan said. "This segment didn't think AmEx had a product that fit their needs," Gilligan said in an interview at the firm's New York headquarters. AmEx, whose business was built on charge cards that didn't allow consumers to carry a balance, is seeking ways to increase loans and net interest income, which Gilligan has said comprise a smaller part of re! venue than for competitors. Loans are increasing at AmEx slightly faster than the rest of the industry and they're regarded as an important source of future revenue growth, he told analysts last month. Unlike with AmEx's charge cards, EveryDay customers will have a spending limit and won't be required to pay their balance in full each month, according to AmEx. They also won't get extra perks such as earning triple rewards for travel and dining or access to entertainment events that are available to some customers who pay an annual fee on other types of cards. Terms call for the new card to carry a zero-percent interest rate for the first 15 months and 12.99 percent to 21.99 percent afterward, according to the company. Customers will have access to the full rewards program, which includes perks like transferring travel points that aren't available on other AmEx products that don't have an annual fee such as Blue, the firm said. The new card comes with EMV anti-fraud technology -- named for founders EuroPay Interna

• [By Reuters]

  Kathy Willens/AP JPMorgan Chase reported a better-than-expected adjusted quarterly profit as the biggest U.S. bank kept a lid on costs and set aside less money to cover bad loans. The bank, which agreed last week to pay $2.6 billion to settle government and private claims over its handling of accounts of fraudster Bernie Madoff, said fourth-quarter net income fell 7.3 percent to $5.28 billion, or $1.30 a share. Adjusted for special items, the company earned $1.40 a share, beating the average analyst estimate of $1.35, according to Thomson Reuters I/B/E/S. The results took into account gains from the sale of Visa (V) shares and One Chase Manhattan Plaza and legal expenses related to the Madoff settlements. JPMorgan (JPM), which agreed to pay nearly $20 billion in 2013 to settle assorted legal claims, had estimated that settlement of the Madoff claims would subtract $850 million from fourth-quarter earnings. "It was in the best interests of our compa! ny and sh! areholders for us to accept responsibility, resolve these issues and move forward," Chairman and Chief Executive Officer Jamie Dimon said in a statement Tuesday. JPMorgan shares, which have been trading this month at their highest levels since 2000, were up 0.5 percent at $58 before the opening bell on the New York Stock Exchange. The stock rose 33 percent in 2013, in line with the 35 percent rise in the KBW Bank index and slightly ahead of the 29 percent gain in Standard & Poor's 500 stock index. Special items highlighted by the bank subtracted 10 cents a share from fourth-quarter earnings, compared with a two-cent boost in the same quarter of 2012. The special items included a benefit of 21 cents a share from the sale of Visa shares and 8 cents from the sale of One Chase Manhattan Plaza and an expense of 27 cents a share from legal bills, including the Madoff settlements. Three months ago, JPMorgan reported its first quarterly loss under Dimon after recording after-tax expenses of $7.2 billi

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-blue-chip-companies-to-invest-in-right-now.html