If You Invested $1,000 in Visa in 2013, This Is How Much You Would Have Today
Over the past decade, the S&P 500 and the Nasdaq Composite Index, two of the most widely followed stock market indexes, have produced total returns of 221% and 304%, respectively. These are outstanding gains for investors and certainly demonstrate a stretch of better performance than the broader market's usual historical averages.
But anyone who purchased shares in Visa (NYSE: V) 10 years ago, in February 2013, is now sitting on a return of 459% (as of this writing). This means a $1,000 investment in this top fintech stock would be worth $5,590 today. It's hard to beat this type of gain in the stock market.
Let's take a closer look at Visa, arguably one of the best businesses in the world.
Source Fool.com
