TSLA
Tesla
-- 424.770 NVDA
NVIDIA
-- 139.310 PLTR
Palantir
-- 72.510 RGTI
Rigetti Computing
-- 7.3800 SMCI
Super Micro Computer
-- 38.290 
The whole sector has been selling off, when will it stop I d...
The whole sector has been selling off, when will it stop I don’t know. $PayPal (PYPL.US)$ hitting a new low didn’t provide much confidence, but $MasterCard (MA.US)$ doesn’t look hateful, and $Visa (V.US)$ was defended at $200 pretty heavily.
The only reason I haven’t been buying MA is on valuation. PayPal and Visa (especially Visa) are cheaper, and they’ve sold off more.
Like a lot of people here who have no idea where the bottom is, that’s an alright place to be, down 38% from its highs — which is was absolutely overvalued 38% ago — but this has probably gone too far. Momentum trading and sentiment seem to be what’s driving market; I.e 80-90% of stocks must’ve been red on the week but the $Nasdaq Composite Index (.IXIC.US)$ still went up.
The sector will catch a bid soon, MA has the least upside by some margin when compared to Visa or PayPal. I actually think Visa has the most upside in the near term, with the least downside risk of the 3. If you think Venmo doing $159B is something to write about you should look at the volumes MasterCard and Visa do. It’s like comparing an individual seller on eBay to Amazon the company.
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pepprick : Agreed, next level to add is at 193
Ft7foG07XE : Out of curiosity I googled it, and you weren't kidding. $14 trillion combined. Visa processes on average 100 million transactions per day. Thats insane.
hard working : The deal with Amazon is interesting (Venmo). I like PYPL, but I'll wait until around $150 to consider it.