Visa Looks Cheap Even Though It's Near 52-Week Highs

Visa's stock price is just 2.5% below its 52-week high and up nearly 24% during the past year. And the stock still looks attractively priced.Visa (V 2.94%) shares an effective duopoly in the payment processing market with Mastercard (MA 1.46%). These two companies have been growing for years as consumers increasingly opt for cards over cash, a move that has benefited from the growth of online retail. Visa in particular is quite interesting right now. Despite being near 52-week highs, the stock actually look ...