From Nasdaq: 2024-04-09 07:45:00

Visa (NYSE: V) has been a top-performing financial stock, yielding a total return of 472% in the past decade, surpassing the S&P 500. With a market cap of $570 billion, Visa boasts a strong financial position and operates a highly profitable global network.

Visa’s exceptional financial performance, with a 64% operating margin in fiscal 2023, highlights its profitability in processing card transactions. The company has consistently grown revenue, generating substantial free cash flow, which it returns to investors through dividends and buybacks.

With a dominant presence in the card payments industry and 4.3 billion cards in circulation globally, Visa benefits from network effects and the shift towards digital payments. Despite fintech competition, Visa’s solid financials and market position make it a compelling long-term investment choice.



Read more at Nasdaq: Is Visa Stock a Buy?