15 Best Blue Chip Stocks to Buy According to Billionaires

7. Visa Inc. (NYSE:V)

Number of Billionaire Investors: 26

Number of Hedge Fund Holders: 181

Visa Inc. (NYSE:V) offers digital payment services, including credit cards, debit cards, prepaid products, global automated teller machines, and commercial payment solutions. The company reported revenue of $9.51 billion in fiscal Q1 2025, beating estimates by $170.7 million. Its EPS was $2.75, while EBITDA reached $6.81 billion. Visa Inc. (NYSE:V) also experienced a surge in the new card issuance rate in the quarter, reaching nearly 4.7 billion compared to 4.5 billion in the same quarter last year. Its transactions also grew from 57.47 billion to 63.0 billion for the same period.

According to Allied Market Research, the global credit card payment market is expected to grow at a CAGR of 8.8%. Therefore, analysts expect Visa Inc. (NYSE:V) to continue its growth trajectory and expand its market share in the coming years.

On April 2, Baird raised the firm’s price target on Visa Inc. (NYSE:V) to $400 from $390 and kept an Outperform rating on the shares. Baird previewed its Q2 report and reported that the firm liked the stock. Visa Inc. (NYSE:V) takes the seventh spot on our list of the best blue chip stocks to invest in now.

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 US 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.”