For the last several years, the long-term trend toward a cash free society has lead to tremendous capital gains for shareholders of credit card companies. The figure below shows the outperformance of American Express (NYSE: AXP), Discover Financial Services (NYSE: DFS), MasterCard (NYSE: MA) and Visa (NYSE: V). It is expected that this trend has room to run, particularly in many emerging markets. Thus identifying reasonably priced companies with exposure more »
Few professionals have brighter hopes in the near future than architects. The Architecture Billings Index recently rose for the fourth consecutive month to a new post-recession high. It appears that architecture is back after languishing for years during the Great Recession. It is expected that a large amount of pent-up demand exists for architectural services and one company that should benefit is Jacobs Engineering Group (NYSE: JEC).
But why pick more »