Is Visa a Millionaire Maker?
Getting rich with stocks doesn't have to be about hitting home runs or striking it big on lottery ticket-like gambles. Sometimes, the next Amazon is... Amazon.
One mistake I see many investors make is underestimating how long a runway winning stocks can have. Take payments giant (NYSE: V), for instance; the company is a bona fide millionaire maker. The stock has generated over 2,000% in total returns since going public in 2008. That's enough to turn a $50,000 investment into over $1 million.
Investors looking to replicate that success don't need to take unnecessary risks by investing in speculative, unproven companies -- buy and hold Visa stock instead.
Source Fool.com
Visa Inc. A Stock
€313.85
0.590%
The stock is an absolute favorite of our community with 44 Buy predictions and no Sell predictions.
With a target price of 346 € there is a slightly positive potential of 10.24% for Visa Inc. A compared to the current price of 313.85 €.
