V - Visa: Should Continue Recovering Plus Has Blockchain Strength
- Visa is on the way to full recovery, after having been impacted by COVID-induced travel bans in 2020.
- The company has endeavored into cryptos but prudently, in addition to its move towards blockchain two years ago. As a result, there are significant growth opportunities.
- There is still uncertainty about cross-border volumes, but the company has been able to take advantage of cashless payments for its eCommerce business.
- Revenues for the third quarter or 2021 should beat both those for 2020 and 2019.
- The payment processor has better profitability metrics than peers and is a buy.
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Visa: Should Continue Recovering, Plus Has Blockchain Strength