Visa Inc Class A
V: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$813.00 | Rskk | Jbpjjhgx |
Visa Sees Strong Growth in Fiscal Fourth Quarter
Visa continued to enjoy strong growth in its fiscal fourth quarter. Overall, while the company’s near-term future is somewhat tied to the direction of the economy, we think favorable long-term secular trends and an ongoing bounce back in travel-related spending put the wide-moat company in a relatively strong position. We will maintain our $229 fair value estimate and see the shares as modestly undervalued.