Why Visa Rallied Today
Shares of (NYSE: V) were rising in Thursday trading, up 2.8% as of 1:36 p.m. ET.
Visa's revenue and profits are based on payment volumes running over its global payments rails. That growth is tied to both the pace of card-based payments displacing cash and checks, as well as general economic activity.
Today, a new batch of U.S. economic numbers came in better than expected, which bodes well for economically sensitive stocks like Visa. In addition, Visa also announced a new billion-dollar acquisition that had also been coveted by rival Mastercard (NYSE: MA), also adding to the positive sentiment.
Source Fool.com
Visa Inc. A Aktie
248,05 €
-1,43 %
Die Community ist sich einig: Visa Inc. A nur mit Buy-Einschätzungen, keine Sell-Einschätzungen.
Das Community-Kursziel von 279 € für Visa Inc. A deutet auf ein leicht positives Wachstumspotenzial gegenüber 248.05 € hin.
