V - Missed Out on Visa? Buy PayPal Instead
2024-06-28 05:15:00 ET
Visa (NYSE: V) has turned out to be a great investment historically. The stock has soared 1,850% since its initial public offering (IPO) in 2008. That gain would've turned a $10,000 investment into almost $200,000 today.
Seeing this, investors might be looking at ways to gain exposure to the payments industry. A valid argument could be made that Visa, with a $560 billion market cap and a price-to-earnings (P/E) ratio of 30.6, could appear like an expensive stock today.
But don't worry. If you missed out on Visa, maybe buying PayPal (NASDAQ: PYPL) is a smart move.
For further details see:
Missed Out on Visa? Buy PayPal Instead