$V Visa is a company offering financial services, loans, clearing services, credit card issuance, and more.
Visa is the largest payment processor in the world.
In 2020, it processed almost $9 trillion in transactions!
The company operates in over 200 countries and processes transactions in over 160 currencies.
During the COVID year, the company continued to show good growth in gross margin and net income.
From reviews I've seen recently, the expectation for the fading of the COVID-19 disease worldwide can only benefit the company and lead to greater profits.
Note that this is a value stock, not a growth stock!
Analyst coverage: Yesterday, 07.06.21, a review by Piper Sandler was released with a price target of $260.
Another review released yesterday by Credit Suisse set their price target for the stock at $285.
Technically for swing trading: current price: $231.60, first target in my opinion: $242, second target in my opinion: $255.
Debt to equity ratio: 0.05
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