This Underrated Stock Could Make You a Millionaire

From Nasdaq: 2024-05-02 05:10:00

Visa (NYSE: V) is an underrated stock, with a unique business model that connects card issuers and merchants worldwide. In its latest quarter, Visa saw $8.8 billion in revenue, $4.7 billion in net income, and $4.3 billion in free cash flow. Investors have seen a 22.9% annual return over the last decade. Despite recent antitrust settlements and potential threats, Visa remains a strong investment option.

Financially, Visa’s stock has outperformed the S&P 500, growing revenue and profits consistently. With a P/E ratio below its 10-year average at 30.7x, Visa’s valuation is attractive. However, challenges like online banking and digital wallets pose potential threats to Visa’s business. Nevertheless, Visa’s recent strong performance indicates continued growth potential, making it a stock worth considering for investors.



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