Will Visa Keep Losing in 2021?
Visa (NYSE: V) has been a big winner for investors since it went public in 2008, but its stock plunged along with the rest of the market last year as the novel coronavirus became a global health crisis. While the stock has recovered quite nicely since dropping by more than a third in a little over a month, it has still lagged the S&P 500 index since its March 23 low.
There's no doubt that Visa's business was hurt as economic activity slowed dramatically around the world. But I think it's poised to continue its long streak of outperformance in the years ahead.
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Source Fool.com
