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While the Magnificent 7 stocks flounder, this forgotten growth name is breaking out

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Breaking News: Markets News

Markets,Entertainment,Visa Inc

David Keller breaks down a cup-and-handle pattern in Visa.

With the Magnificent 7 stocks floundering this week, and about 30% of the S & P 500 members breaking below their 50-day moving average in October, where can investors find emerging strength? The financial sector has been the best performing sector in October, and the chart of Visa suggests this payment processor may just be getting started.

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