Visa(NYSE: V) has enjoyed an incredibly profitable position in the payments industry for decades, and it's benefited from the world's move toward digital payments. But Visa isn't the most efficient means of moving money around, and payment processors are starting to invest big in stablecoins to make the payments system more efficient. In this video, Travis Hoium shows why this is such a big deal to Visa today.
*Stock prices used were end-of-day prices of Oct. 28, 2024. The video was published on Oct. 28, 2024.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $21,217!*
- Apple: if you invested $1,000 when we doubled down in 2008, you’d have $44,153!*
- Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $403,994!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
*Stock Advisor returns as of October 28, 2024
Discover Financial Services is an advertising partner of The Ascent, a Motley Fool company. American Express is an advertising partner of The Ascent, a Motley Fool company. Travis Hoium has positions in Coinbase Global. The Motley Fool has positions in and recommends Coinbase Global, Mastercard, and Visa. The Motley Fool recommends Discover Financial Services and recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
