I've had $Vstock on my watchlist for a long time , but the price has never seemed good enough to buy. The stock is up 8% just since the beginning of the year. I think Visa is a great company with a great business, but its stock is definitely not cheap.
Does anyone have $Vstock in their portfolio ?
Great company to invest in for the long term, but I don't have the stock in my portfolio.
The price is in line with the quality of the company and given the 5 year averages on most valuation multiples, it does not deviate from the norm.
Both $V and $MA shares are overvalued. It's not a card issuer, but I've been buying shares of $SOFI right now, for example. I find Sofi much more interesting and with more potential.
$V is really a top company I wouldn't be afraid to have in my portfolio for life. I was buying somewhere around $270-280 and I'd like to buy in too but the price is high right now. So I'm holding and will hold longer.
Visa is a really great company, but I really don't want to buy that price. The stock isn't growing all the time, so hopefully some correction will come eventually.