Top 8 Stocks To Buy In 8 Different Sectors for the Next 3 Months

4. Visa Inc. (NYSE:V)  

Number of Hedge Fund Holders: 165  

Sector: Financials  

Visa Inc. (NYSE:V) is a global leader in digital payments, offering payment solutions to individuals, businesses, and governments worldwide. The company makes money through the fees it charges financial institutions and merchants for accessing its network. Visa Inc. (NYSE:V) is shifting its focus towards cashless transactions and has embraced digital wallets, contactless payments, and advanced fraud prevention technologies to align with modern payment trends.

Visa Inc. (NYSE:V) is strategically positioned to benefit from the worldwide shift to a cashless society, a trend accelerated by digital transformation. While electronic payments have made substantial progress, cash remains the dominant transaction method in many emerging markets, providing significant growth opportunities. According to the Federal Reserve, cash usage accounted for just 16% of transactions in 2024, underscoring the increasing preference for digital payments, particularly among younger generations. Demographics like Gen Z and Millennials are key drivers of mobile and contactless payment adoption, reinforcing the broader transition to digital payment ecosystems.

Visa Inc.’s (NYSE:V) Consumer Payments segment is focused on expanding tap-to-pay and click-to-pay services, alongside tokenization initiatives. The company is also pursuing additional revenue streams through offerings such as Visa Direct, tailored commercial solutions for small and medium businesses, and Cross-Border solutions, which enhance its global reach and relevance in the evolving payments landscape.