Visa: A Great Company That Is Fairly Priced
Thesis Summary Visa's (V) position in the global payment technology industry identifies an enterprise that performs financially well and follows a strategic approach to development despite the evolution of the fintech industry. In the first quarter of the fiscal year 2024, Visa showed substantial growth in its GAAP net income and EPS due to the rise in payment volumes and cross-border transactions. Visa's fast expansion through acquisitions and partnerships, as well as its utilization of fintech innovations ...