12 Best Stocks to Invest in for the Next 3 Months

6. Visa Inc. (NYSE:V)  

No. of Hedge Funds: 165  

Visa Inc. (NYSE:V) is a global leader in payment processing that enables electronic payments in over 200 countries and territories. The company’s VisaNet processing network enables the authorization, clearing, and settlement of payment transactions. Visa Inc. (NYSE:V) has also embraced digital wallets, contactless payments, and fraud prevention technologies.

Visa Inc. (NYSE:V) is well positioned to capitalize on the global transition to a cashless society, a shift accelerated by digital transformation trends. While electronic payments have made significant advances, cash remains the dominant transaction method in many emerging markets, offering a considerable avenue for growth. The Federal Reserve reports that in 2024, cash usage accounted for just 16% of transactions, highlighting the growing preference for digital payments, particularly among younger generations. These demographics, notably Gen Z and Millennials, are driving the adoption of mobile and contactless payment solutions, supporting the broader movement toward digital payment systems.

Visa Inc.’s (NYSE:V) Consumer Payments segment is working on increasing turnover in the direction of tap-to-pay and click-to-pay services, as well as tokenization. The company is also working on additional revenue growth drivers, such as Visa Direct, commercial solutions for small and medium businesses, and Cross-Border solutions.