Even Near Its 52-Week High, Here's Why This Warren Buffett Stock Is a No-Brainer
You'd be hard-pressed to find someone who doesn't consider Warren Buffett one of the greatest investors ever. His track record speaks for itself, and with that success, there can be an urge for investors to mimic how Buffett selects Berkshire Hathaway's holdings to replicate a bit of his success.
One company, in particular, has caught my eye despite valuation concerns from some investors. As of Sept. 6, 's (NYSE: V) 52-week high is just under $249, and the company is trading around $247.
The stock is fairly expensive by most standards, but the reason it's a no-brainer buy comes down to this one Buffett quote: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Source Fool.com
Visa Inc. A Stock
€258.20
0.080%
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
With a target price of 279 € there is a slightly positive potential of 8.06% for Visa Inc. A compared to the current price of 258.2 €.
