5 Best Fintech Stocks to Invest In According to Billionaires

Page 5 of 5

1. Visa Inc. (NYSE:V)

Number of Billionaire Investors: 40

Visa Inc. (NYSE:V) is one of the best fintech stocks to invest in according to billionaires. On April 20, BMO Capital initiated coverage on Visa Inc. (NYSE:V), giving the stock an Outperform rating and setting the price target at $365.

The research firm sees Visa Inc. (NYSE:V) as a best-in-class company with a highly diversified business and defensible moat.

BMO Capital analyst Andrew Bauch pointed out that Visa Inc.’s (NYSE:V) economic moat is continuing to expand. The research firm believes this view is supported by the company’s unmatched global scale, its growing mix of services revenue, and its expanding role in digital credentials.

The firm’s analyst also pointed to ongoing concerns about disintermediation around alternative rails, digital wallets, and diminishing secular tailwinds. However, despite these challenges, BMO Capital believes Visa Inc. (NYSE:V) can deliver more durable growth than what the market currently expects.

Visa Inc. (NYSE:V) is an American multinational digital payments company that provides a wide range of payment products and payment processing to facilitate electronic payments in over 200 countries and territories.

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 the cheapest AI stock.

READ NEXT: 8 Best Large Cap Stocks to Invest In Right Now and 10 Unrivaled Stocks of the Next 5 Years.

Disclosure: None.

Page 5 of 5