How Long Will Visa's Slump Last?

About: Visa Inc. (V)
by: Wealth Insights
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Wealth Insights
Dividend growth investing, long-term horizon, dividend investing, portfolio strategy

Visa's stock has been in a slump since hitting highs in October. The slump is due to increased volatility, not a change in Visa's fundamentals.

Visa remains dominant in its industry, continues to generate loads of cash, and is poised to continue growing thanks to an increasingly digital world, and strategic moves in international markets.

The current valuation is 16% below historical norms, and free cash flow yield is near five-year highs. It's a great time to accumulate shares for a long-term investment.

Payment services and technology company Visa Inc. (V) has been in an extended slump since the fall, which is a rarity for a stock with a sterling reputation as a growth stock (average