12 Best Tech Stocks to Buy For Long-Term Investment

7. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 181

Visa Inc. (NYSE:V) is an international payment technology company. It operates VisaNet, which is a transaction processing network for authorizing, clearing, and settling payment transactions. It also offers credit, debit, and prepaid card products, along with Visa Direct, Visa B2B Connect, Visa Cross-Border Solution, and Visa DPS. It serves merchants, financial institutions, and government entities.

The company also increased its volume by 6% year-over-year in the commercial payments sector. Visa Inc. (NYSE:V) works by targeting specific verticals, such as food and grocery delivery, and travel and entertainment. This has resulted in partnerships with DoorDash, iFood Pago, mySofie, and Airwallex. By developing innovative solutions and forming partnerships, the company drives growth in this evolving market.

Its New Flows segment includes Visa Direct and commercial payment solutions and had its revenue surge by 19% year-over-year in FQ1 2025. Visa Direct processed more than 10 billion transactions in the past 12 months. 3 billion of these transactions occurred in FQ1 alone. The company is growing Visa Direct by pursuing partnerships with issuers and fintechs. Some instances of such collaborations include the ones with X Money, OnePay, Banco Pichincha in Ecuador, Libra Internet Bank, and OCBC.

Meridian Hedged Equity Fund stated the following regarding Visa Inc. (NYSE:V) in its Q4 2024 investor letter:

“Visa Inc. (NYSE:V) is the world’s largest retail electronic payments network. We hold Visa in the portfolio because of its formidable competitive moat, built on network effects spanning billions of cards and millions of merchants globally. The company continues to benefit from the secular shift toward electronic payments while expanding its portfolio to include high-growth adjacent offerings. While U.S. market penetration is mature, international markets—particularly in emerging economies, where cash usage remains prevalent— offer significant growth opportunities. Visa’s operating model demonstrates strong leverage, with incremental revenue efficiently flowing to the bottom line. This quarter, Visa outperformed expectations across key metrics, with payment volumes and transaction growth proving resilient despite macro uncertainties. Looking ahead, we anticipate continued momentum into fiscal 2025, driven by the ongoing transition to digital payments, international expansion, and the scaling of newer business lines.”