Beat the Nasdaq? This Dividend Stock Has Actually Done It.
Led by some of the best companies on the planet, the Nasdaq Composite has created significant wealth in recent years: A $10,000 investment in the benchmark made 10 years ago would now be worth $41,000 with dividends reinvested.
As impressive as this wealth creation has been, there are plenty of individual stocks that have trounced the Nasdaq. Turning a $10,000 investment from 10 years ago into $53,000 with dividends reinvested, (NYSE: V) is one such stock with a track record of outperformance. Here's why I believe Visa stock could be just getting started.
It's not a secret that, for years now, there has been an undeniable shift away from cash and toward alternative payments. One of the big reasons for this is the rise of e-commerce, which has prompted many consumers to adopt alternative payment methods like debit cards and credit cards.
Source Fool.com
Visa Inc. A Stock
The stock is an absolute favorite of our community with 50 Buy predictions and no Sell predictions.
With a target price of 280 € there is a slightly positive potential of 17.13% for Visa Inc. A compared to the current price of 239.05 €.
