Why This Dominant Fintech Stock Is a Buy
Building significant wealth as an investor requires picking the most dominant businesses in an industry that will steadily grow.
Due to the expectation that e-commerce will keep growing and cash use will continue to decline around the world, the outlook is encouraging for the payments industry. In fact, the consulting firm Boston Consulting Group anticipates that the global payments industry will grow from $1.5 trillion in 2021 to $2.9 trillion by 2030.
With a $443.5 billion market capitalization, Visa (NYSE: V) is the largest publicly traded financial technology (fintech) stock in the world. Let's dig into why Visa looks like a great buy to help investors compound their wealth.
Source Fool.com
