If You'd Invested $1,000 in Visa in 2013, This Is How Much You Would Have Today
(NYSE: V) is a clear leader in the card payments industry. In the fiscal 2023 second quarter (ended March 31), it processed a jaw-dropping $3 trillion in total payment volume (TPV), putting it well ahead of smaller rival Mastercard. That TPV figure has grown over the years, which has helped propel the business.
A $1,000 investment in Visa in 2013 would be worth $5,049 today, good for a superb return of 405% (as of June 5). That gain crushes what investors would have been able to achieve investing in the S 500 or the Nasdaq Composite Index.
Let's take a look at what has led to Visa's outstanding performance, as well as what the future might hold.
Source Fool.com
Visa Inc. A Stock
€249.90
1.210%
With 48 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 281 € shows a slightly positive potential of 12.44% compared to the current price of 249.9 € for Visa Inc. A.
