V - 2 No-Brainer Payment Network Stocks to Buy With $1000 Right Now
2024-06-27 08:30:00 ET
Sometimes, getting too cute with buying great stocks can cost you money. Payment network companies Visa (NYSE: V) and Mastercard (NYSE: MA) dominate the global payments space. Their networks power an estimated 90% of all payment processing volume outside of China, which uses a state-run network.
These companies have generated remarkable wealth for shareholders despite always commanding an expensive stock valuation. Today, both companies trade at reasonable or "fair" prices, which makes them no-brainer buys.
This Fool will outline what you can expect from the dynamic duo and why investors should consider investing the $1,000 it takes to own at least one share of each business.
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2 No-Brainer Payment Network Stocks to Buy With $1,000 Right Now