4 Reasons Why You Must Add Visa (V) Stock To Your Portfolio
Zacks Investment Research | Nov 14, 2017 01:44AM ET
We believe that Visa Inc. (NYSE:V) is a solid choice for investors seeking exposure in the thriving payments’ space. Among many other factors, the company’s investments in technology and global network, its robust brand name, and acquisition of Visa Europe bode well.
In the last 30 days, the Zacks Consensus Estimate for the company’s earnings has increased 1.5% for fiscal 2018 and 0.9% for 2019 to $4.05 and $4.68, respectively. This reflects analysts’ optimism about its prospects. The stock currently carries a Zacks Rank #2 (Buy).
Further, shares of Visa have rallied 42.8% this year, outperforming the .
Total System surpassed estimates in each of the last four reported quarters with an average positive surprise of 5.7%.
Green Dot beat estimates in each of the last four reported quarters with an average positive surprise of 26.9%.
Western Union delivered positive surprises in three of the last four reported quarters with an average positive surprise of 9.1%.
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