Visa: Huge Upside As Global Economic Activity Recovers From Pandemic (NYSE:V)

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.

ChartData by YCharts

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

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Economists warn of ‘huge’ consequences to halting stimulus talks

Economists and business leaders warn there could be dire consequences if another round of coronavirus stimulus aid isn’t approved shortly — a plausible scenario after President Donald Trump abruptly called off negotiations until after the election.



a group of people holding a sign: Tenants and housing rights activists protest for a halting of rent payments and mortgage debt, during the COVID-19 outbreak, in Los Angeles, Oct. 1, 2020.


© Lucy Nicholson/Reuters
Tenants and housing rights activists protest for a halting of rent payments and mortgage debt, during the COVID-19 outbreak, in Los Angeles, Oct. 1, 2020.

The coronavirus pandemic clobbered the U.S. economy with unprecedented speed in March, shutting down huge swaths of industry and pushing 22 million people out of work in a little over a month. While approximately half of that number of jobs lost have been gained back, the U.S. economy remains deeply entrenched in pain and the new layoffs continue.



a man in a suit standing in front of a building: President Donald Trump walks to Marine One, Oct. 5, 2020, at Walter Reed Medical Center in Bethesda, Md.


© Saul Loeb/AFP via Getty Images
President Donald Trump walks to Marine One, Oct. 5, 2020, at Walter Reed Medical Center in Bethesda, Md.

Democrats, led by House

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Huge pedestrian bridge installed in downtown Colorado Springs

The bridge had been envisioned in Colorado Springs’ downtown master plan for decades.

COLORADO SPRINGS, Colo. — Construction crews are putting the finishing touches on a new 250-foot pedestrian bridge in downtown Colorado Springs.

The bridge, which was installed on Monday, will connect America the Beautiful Park with the adjacent U.S. Olympic & Paralympic Museum complex and downtown Colorado Springs.

Crews had to hoist the massive bridge into the air and drive it across a railroad in order to place it onto its abutments.

City of Colorado Springs officials said the “masterfully orchestrated event was completed in an eight-hour window during which all trains transiting through Colorado Springs were held in place to complete the move.”

The bridge had been envisioned in Colorado Springs’ downtown master plan for decades, according to the city.

“The bridge, from idea to execution, represents how Colorado Springs is coming together to further create a

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