Here's Why You Should Buy This Mega-Cap Stock and Hold Forever
As many companies are still facing a difficult operating environment, it's no surprise that investors' minds continue being consumed with the uncertain economic outlook. Inflation is cooling, to be fair, but the Federal Reserve is staying on its rate-hiking path. This means it's probably still a good time for investors to reassess their portfolio strategies to make sure they are still on the way to achieving their financial goals.
Without a doubt, it's still a great idea to own wonderful companies over the long term. Some of them are hiding in plain sight, as they can be the biggest businesses in the world. (NYSE: V), for example, just reported a superb quarter. And as of this writing, shares are up 11% on the year, better than the S 500's gain.
Here's why you should buy this mega-cap stock and hold it forever.
Source Fool.com
Visa Inc. A Stock
With 50 Buy predictions and not a single Sell prediction Visa Inc. A is an absolute favorite of our community.
As a result the target price of 280 € shows a slightly positive potential of 13.64% compared to the current price of 246.4 € for Visa Inc. A.
