Visa: A Capital Return Play For 2024 And Beyond
Justin Sullivan Visa (NYSE:V) beat estimates on the top and the bottom line in the first-quarter due to continual momentum in transaction volumes, including cross-border transactions. Visa is a well-run global payments technology company that is set to benefit from consistent growth in cross-border payments in an increasingly globalized world. Visa is chiefly a free cash flow and capital return play due to its commitment to return a high percentage of its free cash flow to shareholders. I believe that Visa, ...