30 Best Stocks To Invest In According to Billionaires

Page 23 of 29

7. Visa Inc. (NYSE:V)

No. of Billionaire Investors: 26

Total Value of Billionaire Holdings: $17.32 Billion

Visa Inc. (NYSE:V) is a payment technology company. It facilitates electronic transactions worldwide in more than 200 countries and territories through its VisaNet network. Visa links about 4 billion account members to over 130 million merchants and 14,500 financial institutions worldwide.

On  February 21, UBS analyst Rayna Kumar reiterated a price target of $400 per share on V and maintained a Buy rating on the stock. During Q1 FY2025, the company surpassed profit estimates due to the holiday shopping season. The company’s net revenue soared 10% from a year ago to $9.5 billion, driven by growth in processed transactions, payments volume, and cross-border volume. Visa has completed the acquisition of AI payment protection technology firm, Featurespace. This move will enhance Visa’s reputation as a reliable financial services provider.

The London Company Large Cap Strategy stated the following regarding the company in its Q4 2024 investor letter:

“Visa Inc. (NYSE:V) – V’s competitively advantaged and resilient business model makes it a steady compounder. The stock price rallied a bit in November following the election as antitrust enforcement may be looser under the new administration. This is relevant for V’s who is currently facing an antitrust case from the Department of Justice (filed in September), and regularly engages in acquisitions to grow.”

Page 23 of 29