Visa (V)

[winston]

not vested

Visa Inc. (NYSE:V)
Number of Hedge Fund Holders: 165

Visa Inc. (NYSE:V) is one of the 14 stocks Jim Cramer recently shared insights on. The company was mentioned during the episode when Cramer said:

“Over the past couple of weeks, Visa and MasterCard, two of my favorite companies, have pulled back sharply from their all-time highs.

Wall Street’s suddenly worried about the whole payments industry, might be threatened by advances in crypto, especially now that Congress looks like it’ll pass its GENIUS Act, which establishes a framework for regulating Stablecoins.

Visa fell over 10% from its high, set on June 11, to its low last Friday…

This morning I spoke with Visa CEO, Ryan McInerney, and Ryan told me, I think, a story which made me feel like that, that you’d be nuts to be in this, frankly.”

Visa (NYSE:V) is a payment technology company that provides transaction processing, credit, debit, and prepaid card products.

The company provides offerings like cross-border payment solutions, fraud prevention tools, digital services, and payment integration for e-commerce platforms.

Source: Insider Monkey

[winston]

not vested

Visa posted stronger-than-expected results for the third quarter, ended in June.

Net income rose 8% to $5.3 billion, or $2.69 per share.

Adjusted EPS came in at $2.98, beating consensus by $0.14.

Revenue increased 14% to $910.2 billion, topping Wall Street estimates of $9.84 billion.

Source: Market Screen