Buying and holding stocks whose businesses enjoy significant competitive advantages often works out well for investors. That is because such companies can consistently grow their top and bottom lines year in and year out.

Someone who invested $10,000 in (NYSE: V) a decade ago would now have nearly $53,000 with dividends reinvested. The same invested amount put into the S 500 at the same time would be worth almost $33,000 today with dividends reinvested.

While it's true that past performance is no guarantee of future success, Visa's days of beating the market show every indication of not being over. Let's unpack the company's fundamentals and valuation to understand why you'll be glad you invested in Visa stock today.

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Source Fool.com