21 Stocks on Jim Cramer’s Radar

9. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 165

Visa Inc. (NYSE:V) is one of the 21 stocks on Jim Cramer’s radar. A caller asked which company Cramer thinks will lead over the next few years out of American Express, Visa, and Mastercard. He replied:

“Okay, this is a very hard question because Visa and MasterCard are valued much more highly, I think, than American Express in terms of PE multiple. I want American Express of these three, and I’ll tell you why. I think America’s Express has got this younger demographic that is really exciting and not really built into the price-to-earnings multiple. That said, look, these are all great companies… I met with Mastercard’s management this week. I talked with Visa’s management. You’re not going to go wrong owning any one of these companies. They’re three of the best companies in America.”

Visa Inc. (NYSE:V) is a payment technology company that facilitates digital transactions through its global network. The company provides a range of card products, real-time payment solutions, fraud prevention tools, and consulting services. In a May episode of Mad Money, Cramer showed bullish sentiment toward the stock, as he commented:

“Absolutely, I think Visa’s sensational. By the way, just so we know, I don’t want to slight Michael Miebach, Visa, and MasterCard are both great. MasterCard’s actually growing a little bit faster, but they are both fabulous companies. We own that one for the Charitable Trust. It made us so much money, we got greedy, we fell, and then all it did was go up further. They’re both terrific stocks.”