Nice shout today in the Investors Chronicle, in an article about the “world’s best shares”.
The bottom line is, two trends will help Visa, moving away from physical currency and the rise of e-commerce.
EPS is $5.56, P/E ratio is 35.93 - while the former is nice, the latter is increasing with the price.
At around $200, it’s not far from the 52-week high of $214.17.
I’ll top up my holding (I’m thankful for fractional shares now), but then I’ll wait for a better price in the future.