3 Reasons This Blue Chip Stock Is a No-Stress Buy
In the past decade, (NYSE: V) has produced a total return of 426%. This gain is well ahead of the 234% total return of the broader S 500. That type of outperformance over an extended period should catch investors' attention.
As of this writing, Visa trades 10% off its peak price from March of this year. Its current price-to-earnings ratio of 28, which doesn't look cheap at first glance, is below the trailing 10-year average.
Besides strong past performance and a reasonable valuation, here are three must-know reasons this blue chip stock is a no-stress buy.
Source Fool.com
Visa Inc. A Stock
€258.80
0.040%
The stock is an absolute favorite of our community with 50 Buy predictions and no Sell predictions.
With a target price of 285 € there is a slightly positive potential of 10.12% for Visa Inc. A compared to the current price of 258.8 €.
