The finance sector has been booming in recent years
with the recovery of the economy. Companies are becoming more aware about
efficient ways of spending and recovery has led in a big increase in demand for
financial service. This has raised a lot of opportunities for investment
activities. The sector is expected to continue growing in the next years. In
2013 it reached da value of $6913 billion, which represented a CAGR of 4% for
the period of 2008-2013. The EU, which is the dominating provider in the sphere,
grew with a CAGR of 2% - a number that shows how mature are the market. Asia on
the other hand rose much more, with a growth of 7.6%
It is forecasted that the performance will
accelerate in the following year and the average CAGR for the industry will be
4.3% by 2015. This would drive the market to a value of $8533 billion. The
European market is also expected to perform better, while the Asian one to slow
down to 6%.
Companies such as Visa Inc stock have kept their
good performance over the last year. The dominating corporation kept its stock
price of $47, even though it experienced a lot of variance. However, earnings
per share of 4.30 have increased confidence, despite the low dividend yield of
0.10%.
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