2024-05-13 11:36:00 ET
Summary
- Visa Inc. stock presents a textbook growth at a reasonable price, or GARP, opportunity under current conditions.
- Visa's valuation appears high on the surface, but is reasonable when factoring in its growth potential.
- A discounted FCF (free cash flow) model shows a large margin of safety.
- Finally, its consistent and sizable share buybacks further enhance the upside potential and accelerate the EPS growth.
Visa Stock: growth at a reasonable price
The thesis of this article is quite straightforward. I will argue that A) Visa Inc. (V) represents a good GARP opportunity (Growth At a Reasonable Price) under current conditions, and B) the opportunity is further enhanced by its sizable share repurchases....
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For further details see:
Visa Stock: GARP On Steroid Thanks To Buybacks