20 Best Fintech Stocks to Buy According to Billionaires

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1. Visa Inc. (NYSE:V)

Number of Billionaire Investors: 26

Number of Hedge Fund Holders: 181

Visa Inc. (NYSE:V) is an American multinational financial technology and digital payments company. The company offers a variety of payment products, including credit cards, debit cards, and payment processing to facilitate electronic payments that connect individuals, businesses, banks, and governments in over 200 countries and territories. Visa Inc.’s (NYSE:V) products and services are available on cards, laptops, tablets, and mobile devices. According to billionaires, Visa Inc. (NYSE:V) is one of the best fintech stocks to invest in.

On February 24, TD Cowen analyst Bryan Bergin raised the price target on Visa Inc. (NYSE:V) from $363 to $382 and maintained a “Buy” rating. This decision came after the company’s Investor Day, where Visa Inc. (NYSE:V) showcased its strategies, financial model, and talent. The company also highlighted the ongoing evolution of its strategy, which includes the shift towards unbundled solutions to drive growth, such as Visa-as-a-Service. The analyst praised Visa Inc.’s (NYSE:V) disclosure on Value Added Services (VAS) and New Flows as a positive factor for potential multiple expansion. Bergin also found value in the company’s quantified growth framework, which aligns with market consensus. The analyst pointed out that Visa Inc. (NYSE:V) stands out as an attractive investment amid market volatility thanks to its consistent and durable financial model.

Overall, V ranks first among the 20 best fintech stocks to buy according to billionaires. While we acknowledge the potential of fintech companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than V but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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