In the last one-, three-, five-, and 10-year periods, (NYSE: V) shares have beaten the gains of the S 500 (as of Jan. 18). This superb track record of consistent outperformance is only possible if the underlying business possesses strong fundamentals.
In this instance, that is definitely the case. But does Visa make for a smart investment today? Continue reading to find out whether this financial stock is a buy, sell, or hold for investors.
The recent macroeconomic environment has been highly uncertain. Interest rates have risen at a rapid pace in the last two years, as the Federal Reserve continues to prioritize fighting inflationary pressures. And while the economy has remained resilient, there's still the possibility of a recession in 2024.
Source Fool.com