The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Visa (V) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Warren Buffett is often hailed as one of the greatest investors of all time, having delivered exceptional returns for shareholders of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) over many decades. Under his leadership since 1965, the company's stock has achieved an impressive compound annual growth rate of 19.8% through 2023, nearly doubling the S&P 500, which saw a 10.2% return, including dividends.
Visa's net revenue rose 10% YoY to $9.5B, with cross-border volume surging 16%, driven by global travel recovery. Tap to Pay penetration hit 74%, and tokenized credentials grew 44% YoY, reinforcing Visa's network effect and security. Strategic deals with ICBC (China) and SBI (India) position V for long-term growth in high-potential regions.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
Visa, PayPal, American Express, Affirm and Fidelity National Information Services are included in this Analyst Blog.
Does Visa (V) have what it takes to be a top stock pick for momentum investors? Let's find out.
Visa's stock is overbought by 14% and has no potential upside for cautious investors like me. Despite strong earnings per share, I assigned sell rating based on my quantitative decision algorithm. Regulatory risk is the main threat to the developing business of the company.
Through strategic diversification, innovation, and AI-driven security, V is well-positioned for long-term growth.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
Investors love to follow the portfolio moves of Warren Buffett, given his incredible track record compounding capital as CEO of Berkshire Hathaway . There are dozens of stocks the conglomerate owns.
The kingpins of the payment processing universe, Visa NYSE: V and Mastercard NYSE: MA, continue to show strength as the macroeconomic environment works in their favor. Amid rising interest rates over the past few years, one thing that has remained relatively strong is consumer spending.