Reported 12 months ago
Visa stock (NYSE:V) is projected to sustain double-digit growth in the foreseeable future despite a brief revenue slowdown last year. Recent strong results indicate a continuous trend of double-digit growth, with forecasts expecting this pattern to persist for the next few years. The company's performance, driven by factors like robust payment volume and processed transactions, has instilled confidence in investors, with Wall Street anticipating sustained double-digit revenue growth at least through Fiscal 2026, dispelling concerns of a slowdown. With an attractive valuation and favorable growth estimates, Visa's bullish outlook remains strong.
Source: YAHOO