The Next "Magnificent Seven" Stock That No One Is Talking About

"Magnificent Seven" stocks are soaring once again. This basket of well-known tech stocks like Nvidia and Meta Platforms has long been a reliable way to make huge profits fast. In the past 12 months alone, Nvidia shares have risen 240% in value, while Meta Platforms's stock price has surged 140%.

If you haven't taken advantage yet, there's still time. Every Magnificent Seven stock is a quality business with enormous long-term upside potential. But if you want the biggest returns, you should be focused on finding the next stock worthy of joining the Magnificent Seven. With that in mind, few stocks fit the mold as well as (NYSE: V).

Most people imagine Visa to be a boring payments company. And in many ways, it is. As of last quarter, Visa had 1.3 billion issued credit cards and 3 billion issued debit cards. It is from these cards that Visa makes most of its money, as the company earns a small fee with every transaction. In a nutshell, Visa sits between the businesses and consumers who make purchases with their cards and the financial institutions that lend the money for the purchase.

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Source Fool.com