Jim Cramer on Visa: “They’re Doing Incredibly Well”
Group 1 - Visa Inc. is performing exceptionally well, with a market cap of nearly $700 billion and a strong growth trajectory [2] - The company has achieved a 16% compound annual earnings growth over the past decade, with a projected 14% growth for the current year [2] - Despite concerns about new payment platforms, Visa and other major credit card networks remain resilient and continue to dominate the market [2] Group 2 - Jim Cramer recommends Capital One as a strong investment alternative, highlighting its attractive valuation at 12 times earnings [1] - Cramer expresses a cautious outlook on Visa, giving it 40:1 odds as a long shot investment [2]