13 Best Financial Sector Dividend Stocks to Invest In

Page 12 of 12

1. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 179

Dividend Yield as of November 28: 0.80%

Visa Inc. (NYSE:V) is one of the best dividend stocks in the financial sector. On November 24, Trevor Williams, a Jefferies analyst, assigned a Buy recommendation on Visa. Williams set a price target of $410 on the stock.

In a different business update, dated November 25, Visa made an agreement with the M7 World Championship, which is its initial foray into Mobile Legends: Bang Bang (MLBB) e-sports. MLBB remains one of the most famous mobile games worldwide. Visa, being its official payment partner, will improve payment gateways to provide secure transactions. The step fits into the company’s broader strategy to connect with youth and expand financial inclusion using technology.

Visa is partnering with MOONTON Games to allow MLBB users access to seamless esports experiences. As roughly 60% of MLBB’s 1.5 billion players range between the ages of 19 to 32, the collaboration goes beyond just gaming. It also supports young players by making their digital transactions safer and smoother.

While we acknowledge the potential of V to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than V and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.

Page 12 of 12