2 No-Brainer Payment Network Stocks to Buy With $1,000 Right Now
Sometimes, getting too cute with buying great stocks can cost you money. Payment network companies (NYSE: V) and Mastercard (NYSE: MA) dominate the global payments space. Their networks power an estimated 90% of all payment processing volume outside of China, which uses a state-run network.
These companies have generated remarkable wealth for shareholders despite always commanding an expensive stock valuation. Today, both companies trade at reasonable or "fair" prices, which makes them no-brainer buys.
This Fool will outline what you can expect from the dynamic duo and why investors should consider investing the $1,000 it takes to own at least one share of each business.
Source Fool.com
Visa Inc. A Stock
€249.45
-0.040%
The stock is an absolute favorite of our community with 52 Buy predictions and no Sell predictions.
With a target price of 280 € there is a slightly positive potential of 12.25% for Visa Inc. A compared to the current price of 249.45 €.
