10 Low Volatility Stocks to Buy According to Billionaire Ken Fisher

5. Visa Inc. (NYSE:V)

Beta Value: 0.96

Dividend Yield: 0.70%

Fisher Asset Management’s Q4 Stake: $3.08 billion

Number of Hedge Fund Holders: 181

Visa Inc. (NYSE:V) is an American multinational payment card service provider that offers a wide range of related services and products to its clients. The company connects about 4 billion account holders to more than 130 million businesses and 14,500 financial institutions in over 200 countries.

Visa Inc. (NYSE:V) reported strong fiscal first-quarter 2025 results, boosted by strong Christmas spending and better payment volume trends. Revenue also grew 10% to $9.5 billion, while net income increased 11% to $5.5 billion.

On February 24, TD Cowen analyst Bryan Bergin revised Visa Inc.’s (NYSE:V) financial forecast, raising the price target to $382 from $363 and retaining a Buy rating on the company’s stock. Bergin’s evaluation came after Visa’s Investor Day, which provided insights into the company’s strategies and financial model. Notably, Bergin appreciated the extra information on Visa’s Value Added Services (VAS) and New Flows, which he saw as a positive element for possible multiple expansion.

Baron FinTech Fund stated the following regarding Visa Inc. (NYSE:V) in its Q4 2024 investor letter:

“Favorable stock selection in Payments was mostly attributable to double-digit gains from global payment companies Visa Inc. (NYSE:V) and Fiserv, Inc. Visa was a top contributor after the company reported strong quarterly results and provided a positive outlook for the next fiscal year. Quarterly revenue growth of 12% and EPS growth of 16% exceeded Street expectations, and initial guidance for fiscal 2025 calls for continued double-digit earnings growth.”