Jul 1, 2024
 in 
Hot Stocks 🔥

‘Buy’ Visa Could Rise 15% In 12 Months | Nemo

Name of opportunity: 👀

Visa, Inc 

From our ‘Stable Stocks To Invest In’ neme: ⚖️

This neme collects some of the biggest names across a variety of different sectors, all of which have a good track record of providing consistent earnings. Visa is a leading company in the payments sphere, and it is in ‘Excellent’ financial health according to analysts - it’s also currently rated as a ‘Buy’. It has a huge payment processing network that enables people and businesses to safely make and receive secure payments internationally. 

How hot is this investment opportunity? 🔥🔥🔥

By 2025, the global digital payment market is expected to reach $8.5 trillion, due to factors like the popularity of contactless payments, the rise of digital wallets and e-commerce’s continued growth. 

Analysts think that the price of Visa, Inc. will increase from $265.14 to $303.71 in the next 12 months. If you invested $1000, you might profit $157.14. Analysts have observed that Visa’s share price has increased by 22% in the last year, with the company maintaining a strong position.

Recent articles by analysts have highlighted Visa, alongside its competitor Mastercard, as a dominant force in payment technology - they say the size of the company offers it some protection with a huge customer base of both shoppers and retailers who are unlikely to change to a different provider without a persuasive reason. That's good news for Visa investors who will want to see a high number of stakeholders continuing to use its services. In Canada, Visa has also announced a new partnership with Amazon to offer a new Buy Now, Pay Later scheme, which is promising news for the company.

For individuals and businesses: 💳

Visa is a global payments technology company, founded in 1958 as the credit card programme at Bank of America, breaking away from its parent company by 1970. Visa provides digital payments across more than 200 countries and territories. It offers Visa-branded debit and credit cards for businesses and individual consumers alike, through the banks and financial institutions it partners with. Visa also offers products for businesses to makeonline payments easier, such as automated invoice processing. 

Which neme?: 🔍

‘Stable Stocks To Invest In’, ‘Top Stocks For Beginners’, ‘Popular Dividend Stocks’, ‘Largest U.S. Stocks’ 

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Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.