Where Will Visa Stock Be in 3 Years?
's (NYSE: V) stock has risen 24% during the past three years as the S 500 advanced 19%. If we include reinvested dividends, the payment-processing giant generated a total return of 27% compared to the S 500's total return of 25%.
Visa stayed ahead of the market even as it grappled with inflation, slower consumer spending, and pressure from merchants to lower its swipe fees. But can this financial juggernaut continue to outperform the market during the next three years?
Visa doesn't issue any credit cards of its own. It only partners with banks and other financial institutions to issue Visa-branded cards, and those partners actually shoulder all the debt and collect the payments.
Source Fool.com
Visa Inc. A Stock
€312.60
-0.190%
With 44 Buy predictions and not a single Sell prediction Visa Inc. A is an absolute favorite of our community.
As a result the target price of 346 € shows a slightly positive potential of 10.68% compared to the current price of 312.6 € for Visa Inc. A.
