I've built up a cash position to capitalize on potential buying opportunities this September, particularly in blue-chip stocks Pepsi and Visa. Pepsi continues to face headwinds from high interest rates and weaker consumer spending but remains a strong buy over the long term due to solid fundamentals and growth potential. Visa, despite recession concerns and rising credit card debt, has shown a resilient performance this year with strong cash flows and anticipated double-digit earnings growth for the full year.
Continuous addition of such new value-added services helps V to stay in the leading position in the payments landscape.
Visa is the clear leader in its industry -- and is hugely profitable. Some investors may be concerned about potentially lower fees ahead.
Visa is reportedly considering a multimillion-dollar bid for fraud-prevention firm Featurespace. The payments giant is in advanced talks about a possible sale, Sky News reported Saturday (Aug. 24), citing unnamed sources.
Visa will keep benefiting from the rise of cashless transactions across the globe. There are few businesses out there that have a wider economic moat than Visa.
Visa benefits from durable growth that should last well into the future. It's one of the most profitable companies you'll ever encounter.
The Investment Committee give you their top stocks to watch for the second half.
Concerns about Visa and Mastercard lagging the market and worries about spending by AmEx cardholders may be a warning sign.
Visa (V) reported earnings 30 days ago. What's next for the stock?
Market sell-offs are brief, investors have to be nimble. I discuss recent trades made during a brief market dip, including buying more Alphabet and Visa while selling Hershey. Alphabet's strong Q2 results and growth potential, Visa's consistent growth, and Hershey's struggles with earnings growth and valuation are analyzed.
Global payment technology company Visa NYSE: V stock is up 2.7% year-to-date (YTD), underperforming the 16.62% gain for the S&P 500 index. The Federal Reserve Bank of New York reported a $27 billion rise in credit card debt to a record $1.14 trillion.
Visa (V) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.