Where Will Visa Be in 5 Years?
Although past results don't necessarily predict future returns, we can look back to figure out how things might fare moving ahead. With this perspective, (NYSE: V) could continue to outperform.
In the last decade, the payments company has seen its shares rise nearly fivefold, a gain that crushes the S 500. Can this financial stock continue its unstoppable track record in the next few years?
Visa makes money by collecting fees from merchants when they accept one of the company's branded credit or debit cards. Unlike the banking institutions that issue those cards, it extends no credit, thus eliminating default risk from the business model. It simply provides the communications infrastructure that helps facilitate transactions.
Source Fool.com
Visa Inc. A Stock
€254.80
-0.330%
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
With a target price of 280 € there is a slightly positive potential of 9.89% for Visa Inc. A compared to the current price of 254.8 €.
