Missed Out on Visa? Buy PayPal Instead
(NYSE: V) has turned out to be a great investment historically. The stock has soared 1,850% since its initial public offering (IPO) in 2008. That gain would've turned a $10,000 investment into almost $200,000 today.
Seeing this, investors might be looking at ways to gain exposure to the payments industry. A valid argument could be made that Visa, with a $560 billion market cap and a price-to-earnings (P/E) ratio of 30.6, could appear like an expensive stock today.
But don't worry. If you missed out on Visa, maybe buying PayPal (NASDAQ: PYPL) is a smart move.
Source Fool.com
Visa Inc. A Stock
€253.10
0.860%
With 55 Buy predictions and not a single Sell prediction Visa Inc. A is an absolute favorite of our community.
As a result the target price of 285 € shows a slightly positive potential of 12.6% compared to the current price of 253.1 € for Visa Inc. A.
