The credit card business naturally lends itself to good investor returns over most time periods. But we can bank 50% to 100% gains per year by purchasing when dividend growth is high but a stock is cheap due to headline worries.
And today, we have the perfect news story to set us up for 51% profits over the next twelve months. After a decade of runaway gains, there is actually but one cheap credit card stock to buy for income and upside. And it’s not one of these popular horses:
Plastic Always Pays (Investors): 223% to 770% Returns
The “Big 5” enjoyed total returns up to 770% over the last decade thanks to incredible dividend growth in recent years:
Nothing Plastic About These Payout Curves
Investors have caught on to the fact that Visa (V) and Mastercard (MA) – which returned 770% and 758% over the last decade, and increased their dividends more than ten-fold – are excellent businesses.…