7 Best Money Making Stocks To Buy Now

3. Visa Inc. (NYSE:V)

Market Cap: $679.19 billion

ROE: 50.51%

ROI: 35.84%

Number of Hedge Fund Holders: 181

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. The company’s share price has surged 11% year-to-date and boasts impressive returns on equity and investment, which makes it an attractive stock for investors.

On January 30, the company reported financial results for the first quarter of fiscal 2025, beating profit estimates due to a splurge during the holiday shopping season. Net revenue surged 10% from last year to $9.5 billion, driven by growth in processed transactions, payments volume, and cross-border volume.

During the quarter, Visa Inc. (NYSE:V) 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.

Visa Inc. (NYSE:V) repurchased approximately 13 million shares worth $3.9 billion in Q1. The company also distributed $1.2 billion in dividends, reflecting its commitment to shareholder returns. Following recent financial results, most analysts maintained their Buy rating for the stock.

According to Insider Monkey’s database for Q4 2024, 181 hedge funds held a stake in Visa Inc. (NYSE:V), up from 165 at the end of the third quarter. 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.