Visa Stock Up Nearly 9% in a Month: Is Now the Right Time to Invest?
Visa(V) ZACKS·2024-09-06 23:16
Visa Inc. (V) , a leading player in the payments industry, continues to exhibit strong fundamentals that suggest potential for long-term growth, driven by its expanding network. The company has seen its shares rise 8.6% in the past month, outpacing the industry’s 8.1% growth. The company’s unmatched scale and operational prowess have also helped it outperform the S&P 500’s return of 5.9%.Moreover, the stock is trading above its 50-day and 200-day moving averages, indicating solid upward momentum. Visa's rel ...