Companies with potent growth catalysts can deliver sizable gains to their investors. Here are three businesses with intriguing expansion prospects, both in the short and long term. If you're looking to invest in the stock market this month, consider buying all three stocks today.
The shift from cash to digital transactions is a powerful and persistent megatrend. As the leading payment-processing network, (NYSE: V) is positioned to profit from this long-term progression more than, perhaps, any other company.
Several near-term developments are also fueling Visa's growth. As the pandemic subsides, demand for travel is rising. This is a boon for the credit card giant's high-margin cross-border business. Cooling inflation, and a corresponding rebound in demand for entertainment and higher-priced goods, are also welcome shifts.
Source Fool.com