Reported 3 days ago
Warren Buffett's Berkshire Hathaway includes Visa as a standout stock due to its significant competitive advantages and impressive growth projections. With a profit margin exceeding 55% and substantial cash reserves, Visa benefits from a robust network effect that drives organic growth. Though its stock is priced at 27.7 times forward earnings, it's regarded as a worthwhile long-term investment, supplemented by a consistent dividend increase, making it a staple in many portfolios.
Source: YAHOO