Visa poised to become trillion-dollar stock by 2035 due to strong network effects

From Nasdaq: 2024-04-07 09:44:00

Visa (NYSE: V) is on track to become the next trillion-dollar stock, thanks to its powerful network effects. With a 61% market share in the U.S., Visa dominates the payments industry. Smaller competitors like PayPal and Cash App are even working with Visa to leverage its vast network. Visa’s profitability and growth potential make it a solid long-term investment. While Visa stock may seem pricey now, its strong competitive advantages and growth prospects suggest that it could easily surpass a $1 trillion market cap by 2035. Investors looking for high-quality long-term growth stocks should consider adding Visa to their portfolios.



Read more at Nasdaq: Will Visa Be a Trillion-Dollar Stock by 2035?