Visa: Resilient Business At A Good Price
Abdullah Durmaz Investment Thesis Visa Inc. (NYSE:V) is capitalizing on the ongoing global shift towards card-based and electronic payments. I believe the company's business model is robust, underpinned by its consistent revenue streams, solid margins, and substantial cash flow. The migration of shopping to online from physical stores is a key driver for electronic payments that has rapidly accelerated due to COVID-19, and the company's revenue and earnings have continued to grow after a temporary setback d ...