Visa: Look Beyond Payments To Understand Its Future
FinkAvenueVisa (NYSE:V) is one of the most recognizable brands in the world, processing nearly $15 trillion in payments annually, or almost 15% of global GDP. The company's rise has been overlooked by many investors, despite it being right under their noses, with the stock up more than 17x since its IPO. Looking at the company today, Visa's future performance will be determined by drivers that are different from the ones that made the company what it is today, namely, Value Added Services, and New Flows ...