15 Stocks ChatGPT Predicts Could Make You Wealthy in 10 Years

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10. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 165

Visa Inc. (NYSE:V) is a payment technology company that facilitates electronic transactions worldwide in more than 200 countries and territories through its VisaNet network. Its share price surged 23% during the calendar year, 2024, making it one of the best stocks in the financial sector.

On December 19, Visa completed the acquisition of Featurespace, a software company that develops AI payment protection technology to prevent and mitigate financial crimes. This move is expected to further bolster the company’s reputation as a reliable financial services provider. A Sky News report in August 2024 had pegged the deal at $935 million.

Visa Inc. (NYSE:V) is also venturing into blockchain. On October 3, it introduced the Visa Tokenized Asset Platform (VTAP), a new product to help banks in issuing fiat-backed tokens on blockchain networks. Live pilots of the platform will commence in 2025. Through VTAP, the company hopes to integrate blockchain technology into incumbent financial infrastructures, with minimal technical integration via APIs.

Considering these developments, Visa Inc. (NYSE:V)’s future trajectory looks promising. Its financial performance also remains robust. On October 29, the company announced strong results for the fourth quarter to finish another impressive year. It generated $9.6 billion in revenue during Q4, up 12% from the prior year, to take the full-year revenue to $35.9 billion, growing 10% year-over-year. GAAP EPS grew by 17% each for the quarter and fiscal year.

CEO, Ryan McInerney, attributed the strong quarterly performance to stable growth in payments and cross-border volume, a surge in processed transactions, and momentum across the new value-added services. During the quarter, Visa Inc. (NYSE:V) signed over 650 commercial partnerships, up 30% year-over-year, positioning the company well for fiscal 2025.

Visa Inc. (NYSE:V) ranks tenth on our list of stocks ChatGPT predicts could make you wealthy in 10 years.

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