Prediction: This Stock Could Join Nvidia, Amazon, Alphabet, Microsoft, and Apple in the $2 Trillion Club By 2035
Visa can operate with such strong margins because it has already set up its nearly ubiquitous global payment network. Additional transactions don't meaningfully increase its cost of goods sold. In short, Visa has an excellent business that has performed exceptionally well in the past. That's no guarantee of future success, but there are good reasons to expect Visa to continue along the same path. In 2018, Apple became the first publicly traded company to have a $1 trillion market cap. Since then, several mo ...