Visa (V) is one of my favorite buy and hold forever stocks that seems to get lost in the mix recently.
As investors patiently await the Q3 earnings season to determine economic recovery from COVID-19, I still remain extremely bullish on Visa stock.
Reuters reported Visa transaction volume has recovered from its bottom in April after global lockdowns dragged U.S. economic activity to a halt.
While renewable energy stocks have soared, digital payment stocks like Visa are trading at similar levels before the pandemic shocked the world.
Data by Ycharts
Digital payments are the future of global commerce and I’ll explain why Visa remains a core part of my retirement portfolio along with an overall risk-reward thesis for dividend growth investors.
Visa is a Digital Payment Giant
Visa stands as one of the most recognizable logos in the world. If you live in a western country then