Visa Inc Class A
V: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$131.00 | Gmps | Nsrzqvk |
Visa Maintains its Momentum in Fiscal Q3 2022
Visa maintained its momentum in its fiscal third quarter, and the company continues to enjoy unusually high growth. Absent an economic downturn, we expect the wide-moat company will enjoy significant tailwinds until cross-border and travel spending has fully normalized. We will maintain our $229 per share fair value estimate.