Following A 56% Gain, Visa Stock Is Expensive
- Wednesday, December 9, 2020, 7:11
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After a 56% gain since the March bottom, at the current price near $213 per share, we believe Visa’s stock (NYSE: V) has surpassed its near-term potential. V stock has increased from $136 to $213 off the recent bottom compared to the S&P 500 which increased almost 65%. While the stock has already…