Should You Buy Visa While It's Below $275?
(NYSE: V) is one of those companies that barely require an introduction. It's the payment card king in this country, with far and away the highest number of branded cards in circulation. Most of us hold at least one of the credit or debit instruments stamped with its brand, and it's no exaggeration to say it's a major part of the global economy all on its own.
That's all well and good, but power and prominence don't necessarily make for a quality stock. Here's a look at whether Visa belongs in your portfolio as well as your wallet.
There's a crucial reason Visa has grown to its current behemoth size. The company is only the operator of the network that processes transactions on its cards. It is not the source of the funds that pay for them.
Source Fool.com
Visa Inc. A Stock
With 55 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 285 € shows a slightly positive potential of 12.6% compared to the current price of 253.1 € for Visa Inc. A.
