Warren Buffett’s 10 Longest-Held Stocks

5. Visa Inc. (NYSE:V)

Warren Buffett’s First Major Purchase: 2011

Berkshire Hathaway’s stake in Q3 2024: $2.28 billion

Visa Inc. (NYSE:V), a leading player in digital payments, operates in over 200 markets, connecting 4 billion account holders with more than 130 million merchants and 14,500 financial institutions. This positions Visa Inc. (NYSE:V) as a vital contributor to the global economy.

Deutsche Bank reiterated its Buy rating on Visa (NYSE:V) and increased its price target from $300 to $340 on October 31, following the company’s robust fourth-quarter 2024 results. The payments giant reported approximately $9.6 billion in revenue, reflecting 12% growth on a constant currency basis, and delivered adjusted earnings per share of $2.71—both exceeding pre-release estimates. The quarter showcased steady growth in domestic credit and debit transactions, alongside strong cross-border activity.

For fiscal year 2025, Visa Inc. (NYSE:V) projects net revenue growth in the high single digits to low double digits, consistent with its previously stated 10% growth target, and expects adjusted EPS growth at the upper end of the low double-digit range. While the company is restructuring, impacting 1,400 employees, the anticipated cost savings are earmarked for reinvestment in new talent and growth initiatives.