Missed Out on Visa? Buy PayPal Instead
(NYSE: V) has turned out to be a great investment historically. The stock has soared 1,850% since its initial public offering (IPO) in 2008. That gain would've turned a $10,000 investment into almost $200,000 today.
Seeing this, investors might be looking at ways to gain exposure to the payments industry. A valid argument could be made that Visa, with a $560 billion market cap and a price-to-earnings (P/E) ratio of 30.6, could appear like an expensive stock today.
But don't worry. If you missed out on Visa, maybe buying PayPal (NASDAQ: PYPL) is a smart move.
Source Fool.com
Visa Inc. A Stock
€245.90
0.610%
The stock is an absolute favorite of our community with 43 Buy predictions and no Sell predictions.
With a target price of 280 € there is a slightly positive potential of 13.87% for Visa Inc. A compared to the current price of 245.9 €.
