Why 2018 Could Be The Best Year Yet For Visa Inc (V)

NYSE: V | Visa Inc. News, Ratings, and Charts

V – Visa has already seen considerable share price growth this year, but 2018 looks even more bullish.

Some investors and analysts are doubtful about whether the good times for Visa Inc (NYSE:V) can continue through next year.

After all, the stock has already surged early 45% in 2017. That’s a massive move for a mega cap stock, so it’s natural to start to wonder if Visa shares may need a cooling off period here.

However, a number of internal and external factors remain highly bullish for the company heading into 2018. As The Motley Fool points out, record earnings, the rise of online payments, and massive industry growth could combine to propel even more gains next year:

A Nilson report forecasts that the number of payment cards will increase by 16% from the end of 2015 to 2020, and it’s safe to say a great many of those rectangles will bear market leader Visa’s brand name. Meanwhile, the International Monetary Fund predicts that global GDP will rise a very healthy 3.7% in 2018.

So, numerous signs indicate that Visa has more high-growth quarters ahead of it. I wouldn’t be surprised at all if 2018 indeed turns out to be its best year yet.

Without question, payments processing is a great place to be these days. Visa perhaps stands to benefit the most from a bevy of positive trends in the industry, and that makes the stock a continued buy — despite its relatively high valuation.

Visa Inc shares fell $0.59 (-0.52%) in premarket trading Tuesday. Year-to-date, V has gained 44.70%, versus a 21.79% rise in the benchmark S&P 500 index during the same period.

V currently has a StockNews.com POWR Rating of A (Strong Buy), and is ranked #1 of 39 stocks in the Consumer Financial Services category.

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Top Stories on StockNews.com

: AMR | Alta Mesa Resources, Inc. - Class A Common Stock News, Ratings, and Charts

Best & Worst Performing Small Cap Stocks for April 23, 2019

AMR leads the way today as the best performing small cap stock, closing up 35.29%.
NYSE: AXE | Anixter International Inc. Common Stock News, Ratings, and Charts

Best & Worst Performing Mid Cap Stocks for April 23, 2019

AXE leads the way today as the best performing mid cap stock, closing up 9.47%.
NYSE: TWTR | Twitter, Inc. Common Stock News, Ratings, and Charts

Best & Worst Performing Large Cap Stocks for April 23, 2019

TWTR leads the way today as the best performing large cap stock, closing up 15.64%.
NASDAQ: QCOM | QUALCOMM Incorporated News, Ratings, and Charts

Best & Worst Performing Mega Cap Stocks for April 23, 2019

QCOM leads the way today as the best performing mega cap stock, closing up 5.79%.
NYSE: QHC | Quorum Health Corporation Common Stock News, Ratings, and Charts

Best & Worst Performing Stock Categories for April 23, 2019

Led by ticker QHC, "Medical - Hospitals" was our best performing stock category of the day, with a 4.83% gain.

Read More Stories


More Visa Inc. (V) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All V News
Page generated in 1.783 seconds.