December 23, 2024
Kickstarting your investment journey can be both exciting and scary at the same time, and if you're new to investing, you may not know where to even begin. However, one thing is for certain -- stocks set to beat the market over the next 12 months serve as the perfect foundation for any kind of investor.
Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.
Incorporated in 2007 as a Delaware stock corporation and headquartered in San Francisco, CA, Visa Inc. operates as a payments technology company all over the world. The company went public in March 2008 via an initial public offering (IPO). It was founded in 1958. The company has evolved and grown over the course of the last six decades
On May 30, 2017, V was added to the Zacks Focus List at $94.67 per share. Shares have increased 235.6% to $317.71 since then.
13 analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.11 to $11.22. V also boasts an average earnings surprise of 3%.
Moreover, analysts are expecting Visa's earnings to grow 11.6% for the current fiscal year.
Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like V offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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Visa Inc. (V) : Free Stock Analysis Report
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