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Financial Quick Hits 2

April 30th, 2008 | Filed under Business.

MasterCard was up more than $30 dollars yesterday after their quarterly profit more than doubled closing the day at $273.98 dollars per share. That is the second biggest increase I have seen since I have been actively investing. The biggest increase I have seen was that time when Google was up more than $80 dollars a couple of weeks ago.

Visa was up as well, more than $5 dollars finally closing $80.88 per share. Now we have to wait and see if the market will take some of those gains back today, hope it doesn’t but we are going to have to wait and see.

Another stock that I have been keeping my eye on is (BIDU), the Chinese search engine. It is too bad that the price, $373.81, is a bit too high for my budget but check it out anyway. I remember seeing this stock at about $250 dollars not too long ago.

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