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Tue, Jun

Visa Inc. (V) Receives a Buy from Barclays

Visa Inc. (V) Receives a Buy from Barclays

Financial News
Visa Inc. (V) Receives a Buy from Barclays

Visa Inc. (NYSE:V) is among the 11 Best Financial Services Stocks to Buy Right Now. Barclays analyst Ramsey El Assal kept a Buy rating on Visa Inc. (NYSE:V) on June 13 and set a price objective of $396.00.

Visa Inc. (V) Receives a Buy from Barclays
Visa Inc. (V) Receives a Buy from Barclays

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According to Visa Inc. (NYSE:V)’s most recent financial report, the company generated $9.59 billion in sales and $4.58 billion in net profit for the quarter ended March 31. In comparison, last year, the firm produced $8.78 billion in revenue and a net profit of $4.66 billion.

Visa Inc. (NYSE:V) has been a market leader for a long time and continues to have promising growth potential. Analysts believe that the firm has a wide moat around the company and that its place in the worldwide electronic payment system is almost unchallengeable, even though the payments industry is still evolving.

Visa Inc. (NYSE:V) is the world’s largest payment processor. It handled about $16 trillion in total volume in fiscal 2024. It handles transactions in more than 160 currencies and operates in over 200 countries. Its systems can process more than 65,000 transactions in a second.

While we acknowledge the potential of V as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None.

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Original Source At Yahoo Finance

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