Can Visa Become a Trillion-Dollar Stock by 2030?
Most investors would agree that (NYSE: V) is one of the best companies in the world. Its steady growth, outsized profitability, and economic moat have made it a worthy portfolio addition, as shares have climbed 442% over the past decade. That performance is much better than the S 500's 167% gain.
But is it possible that by 2030, Visa can become a trillion-dollar stock? I think it's a very realistic outcome. Here's why.
Visa's current market cap sits at just below $500 billion, meaning the valuation would need to double over the next seven years to hit our target. By running some numbers, we can gain some insights into how the $1 trillion mark becomes a reality.
Source Fool.com
Visa Inc. A Stock
€244.20
-0.950%
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 14.66% for Visa Inc. A compared to the current price of 244.2 €.
