Visa Inc Class A

V: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$785.00	Lfcl	Qwygpcww

Visa Sees Strong Growth in Fiscal Fourth Quarter

Brett Horn

Oct 25, 2022

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.

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