Visa Targeted in Justice Department Monopoly Lawsuit: Time to Buy the Stock?

Counterintuitively, antitrust lawsuits often have little significance for a stock.The U.S. Department of Justice (DOJ) is coming with a hammer for Visa (V 1.00%). The department alleges that Visa has monopolized the debit card market, forcing out competition to maintain its 60% share in the U.S. In reaction to this news, Visa stock initially slipped, though it has since recovered.While lawsuits can be scary for investors, Visa has been in this position many times before. Does that make it the right time to ...