There is a mix of opinions on Visa Inc. (V) as an investment. Multiple sources have identified it as a sound credit card stock to add to a diversified portfolio. Despite Visa stock showing near-zero returns year-to-date (YTD), others highlight it as a blue chip stock favored by short sellers. Moreover, the company is touted as among the best fintech stocks to invest in by 2024, and a worthwhile asset for long term investment.
However, Visa stock has also given cause for concern. There was a 21.3% increase in short interest, indicating a potential bearish trend. Also, the company reported a rare quarterly revenue miss, which caused a decrease in shares. Furthermore, insiders have been noted disposing of their shares in the company. Nevertheless, many analysts are bullish on Visa stocks for its potential in the cryptocurrency market and its role in the steadily increasing digital transactions.
Visa Stocks News Analytics from Thu, 25 Jan 2024 08:00:00 GMT to Sun, 15 Sep 2024 22:19:29 GMT - Rating 3 - Innovation 6 - Information 8 - Rumor -4
