Visa Shines In Q1 2024: Why I Think It's A Real GARP Opportunity

hatchapongInvestment Thesis Visa (NYSE:V) continues to be the leading player in the digital payments processing industry with a solid Q1 of 2024 illustrating the firm’s earnings power. Solid topline revenue growth has been complemented by great operating margin expansion and continued diversification into value-added services. Visa’s quantitative successes come despite a difficult macroeconomic environment and softening consumer spending outlook. Current valuations suggest an 8% undervaluation in shares ...