Visa Inc. (V)

See his comments about Mastercard. A big growth factor is cross-border travel, which is not going away. They make a lot of money here.  The valuation has declined a but, though a little expensive, but this stock is top quality. A long runway ahead.

12-month price target for Visa of $315. 12-month target for MA is $490. It's really a flip of the coin right now. Both have reasonable runway. Lots of people do pair trades, and right now that's long MA and short Visa.

He owns Visa. It's much larger, larger than all of its competition put together. Prefers its more international exposure, as that has greater growth potential. Could both become trillion dollar companies via organic growth and through potential valuation re-rating to return to mid-30 multiples.

MA is a very good competitor. Trades a few multiple points higher than Visa.

Would recommend holding. Not worried about rising consumer debt (banks assume this liability). 

Likes long-term secular growth of moving from cash to digital, will continue to grow. MA gives you a bit more international exposure, Visa is larger. At this point, Visa's performance has been a bit stronger than MA, so on technicals, MA is the better one to put fresh money into.

Outpacing S&P 500 since late 2021. Dominant player in global payments. Super solid. Long-term secular shift to cashless transactions. Over 5 years, 10% revenue growth and 14% earnings growth. Extensive network and strong brand recognition. Resilient model. Sees about 13% earnings growth going forward.

Hurt in Covid, now doing better and this will continue. Global growth in exchanging cash for plastic and in small business use. Great company. Tons of free cash. Works hard to be on leading edge of technology so it's not overtaken.

Has owned this a long time, wished he owned both. A great compounder. They reinvest their huge cash flows to buy companies and grow dividends. It benefits from inflation as people spend more. The valuations of both have never been cheap, but you get what you pay for. The remain remains large.

Shares are up a few dollars this morning and this issue has been around for a while and so so is baked into the stock. The cards are trading at a premium, but they hold a monopoly. Also, more payments are going from cash to plastic. He likes Visa. Short-term, the economy is recovering and people are travelling, which will benefit the cards. The chart looks great. Still strong.

Well run. Likes the e-commerce and digital space it's in. The whole sector's rebounding, upward trajectory. No issues with it. Could own for the long term. Consumer might be having a few issues, but fears of recession are subsiding, which is helping push the stock forward.

Lots of free cash generated. Toll booth. Lots of room to grow internationally and on the small business side. Makes acquisitions that help their network. Continued increase in travel will show up in their numbers.

Benefits from continuing spending post-pandemic. Has long owned this. Continues to be the market leader. But if there's a meaningful recession, this will get hit like all else, but that would be the time to add more shares.

Blue chip stock with excellent assets. Payments increasing with digital usage (card use). Excellent CEO with good strategy. Consumer spending continues to be steady. Every single transaction earns company a fee (very consistent earnings). Good long term hold for investors. 

Leader. We're not going from digital back to cash. Strong brand recognition, strategic partnerships. Share buybacks. Outpacing S&P 500 since late 2021. Still seeing 13-14% earnings growth rate ahead.

This and Mastercard have been consistent double-digit growers for many years. Visa aims to grow revenues 9-10%, which remains good, but down slightly. Growth rates are starting to slow. The law of large numbers is kicking in. But consumer travel maintains growth.