This Warren Buffett Stock Offers a Tremendous Buying Opportunity to Start 2024
Warren Buffett has made quite a name for himself in the investing and business world, and that's putting it lightly. Through his company, Berkshire Hathaway, Buffett and his team have a track record of sustained success. Many investors look to the company's holdings for inspiration.
One stock in Berkshire Hathaway's portfolio with all the hallmarks of being a long-term winner is (NYSE: V). It has attributes that Buffett advises investors to look for in a company: competitive advantage, heavy cash flow, and longevity.
Buffett has always preached the importance of companies having a competitive advantage, and Visa definitely checks that box. In Visa's case, its massive reach gives it a leg up over other card issuers. Visa has over 4.3 billion cards globally (as of June 30, 2023) and over 130 million merchant locations accepting those cards.
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 14.66% compared to the current price of 244.2 € for Visa Inc. A.
