New to Fintech? Here's Why I Would Buy Visa Stock First
Are you looking to add financial technology (fintech) stocks to your portfolio? That's probably a good idea. Fintech focuses on innovating the way money moves through the global economy.
The global fintech market is worth an estimated $165 billion today and is forecast to grow to $400 billion by 2027. But the industry itself is a bit messy. There are many sectors within fintech, and it's a highly competitive space that's not always easy to keep track of.
A tremendous entry point for long-term investors looking at fintech stocks is payments company (NYSE: V). Let's break down Visa's role in fintech and why it deserves a place in your portfolio.
Source Fool.com
Visa Inc. A Stock
€256.45
-1.060%
The stock is an absolute favorite of our community with 43 Buy predictions and no Sell predictions.
With a target price of 280 € there is a slightly positive potential of 9.18% for Visa Inc. A compared to the current price of 256.45 €.
