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Visa Sizzles on Strong Digitization Trends and Improving Economy

Andrew Brunton
Visa Sizzles on Strong Digitization Trends and Improving Economy

Visa stock (V) has sparkled over the last one and half years. Year-to-date, Visa stock has returned ~25%, much better than the iShares U.S. Financial Services ETF (IYG) and the SPDR S&P 500 ETF (SPY), which are up 5.6% and 8.3%, respectively. Visa’s revenues and earnings per share (or EPS) have topped the Wall Street estimates in the last eight quarters and seen a significant YoY improvement.