12 Best Major Stocks to Buy According to Billionaires

7. Visa Inc. (NYSE:V)

No. of Billionaire Holders: 26

No. of Hedge Fund Holders: 181

Visa Inc. (NYSE:V) is a multinational payment card service provider. Visa provides various payment-related services and products to its consumers. The company serves more than 200 countries, accounting for billions of transactions each year.

During Q2 FY2025, Visa Inc. (NYSE:V) surpassed both the revenue and earnings estimates. The revenue came in at $9.59 billion, up 9% year-over-year and exceeding estimates by $45.32 million. The adjusted earnings were reported at around $2.76 per share, beating estimates by $0.08. Visa Direct processed nearly 2.3 billion transactions in Q2, a 20% growth from a year ago. The increase in transaction volume was driven by partnerships such as Klarna and Afterpay expanding Buy Now, Pay Later (BNPL). Visa continues to grow its acceptance network, expanding over 1 million merchant locations in major markets including India, Mexico, and Brazil.

On May 7, Iris Gao from DBS reiterated a Buy rating on Visa with a price target of $400. The analyst remains optimistic regarding Visa as the company continues to be a leader in payment card services.