In the last decade, shares of (NYSE: V) have climbed by 375%. This gain exceeds both the S 500 and the Nasdaq Composite Index by a wide margin. Thanks to this remarkable past performance, investors might have their eyes on the company as a potential portfolio addition right now.
If one takes the time to understand Visa, it's extremely easy to find compelling reasons to like this enterprise. But is now a good time to buy this massive card-payments business? Here's why I think that's a smart idea.
In the past couple of years, macroeconomic headwinds, particularly higher interest rates and inflationary pressures, have negatively impacted most businesses out there. And while many companies have reported significantly slowing growth, Visa continues humming along.
Source Fool.com