Buy V, good defensive stock.

$Visa(V)$is down 9% on the year and 20% below its 52-week high of $252.67. I bought a year back and with good dividend consistently above 0.7% I find it solid compared to banking or tech. 

Key reasons

1. More are moving to cashless society

2. Not impacted by inflation

3. Covid defensive stock 

4. New exploration on Cloud transactions 

5. Future growth in Metaverse concepts

All in all, I forsee another potential 30% upside easily from the current price. I can't tell how the inflation situation will be and impact to tech. V has a good mix and poise for long term upside comparing to others $DJIA(.DJI)$$S&P 500(.SPX)$

Have a good day! 


# 💰 Stocks to watch today?(25 Nov)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • BenjiFuji
    ·2022-07-18
    Thanks. How does V fair vs Mastercard and AMEX?
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    • BenjiFujiReplying toPJoo
      Thanks [Strong]
      2022-07-18
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    • PJoo
      V and M both equally have their strategies. Amex is not widely used
      2022-07-18
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  • RXU
    ·2022-07-18
    on 1 hand good but the inflation is killin [Anger]
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  • LWKJKK
    ·2022-07-18
    [smile]agreed
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  • ramondk
    ·2022-07-18
    Good to hold for long term
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  • Lionel8383
    ·2022-07-18
    Yes inflation benefits Visa and Mastercard
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    • 166otw
      kk
      2022-07-18
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  • Clarence1700
    ·2022-07-18
    Thanks 4 sharing.
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  • psk
    ·2022-07-18
    thanks for sharing
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  • kimmy1234go
    ·2022-07-18
    Good to share!!
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  • GerryLoh
    ·2022-07-18
    good sharing thanks
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  • Mia foong
    ·2022-07-18
    Thanks for sharing
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  • Asphen
    ·2022-07-18
    wait for pull back to 184
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  • CharlesW
    ·2022-07-18
    Visa over the long term has been rising.
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  • Trainman
    ·2022-07-18
    more spending power
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  • Mungerism
    ·2022-07-18
    Thanks for your insights
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  • EvanHolt
    ·2022-07-20
    What good words, I learned a lot.
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  • SPGoh
    ·2022-07-19
    Positive outlook
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  • Porkfat
    ·2022-07-19
    [Smile]
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  • Pixiu88
    ·2022-07-19
    👌👍
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  • lewisleeks
    ·2022-07-19
    Like
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  • SuperDizzyy
    ·2022-07-19
    Gd
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