5 Best NFT Stocks to Invest in According to Analysts

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In this article we will list the 5 Best NFT Stocks to Invest in According to Analysts. Please visit 8 Best NFT Stocks to Invest in According to Analysts if you’d like see an extended list and how we came up with the list of best value stocks.

5 Best NFT Stocks to Invest in According to Analysts

5. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 184

Stock’s Upside Potential: 30.31%

Visa Inc (NYSE:V) is among the best NFT stocks to invest in according to analysts. On March 12, Morgan Stanley shared its views on Visa Inc. (NYSE:V) in relation to the events in the Middle East. According to the equity research firm, Visa has little exposure to Middle East travel, estimating that this segment accounts for only 1% to 2% of the company’s total revenue.

In light of this, Morgan Stanley says Visa can easily offset any slowdown in this segment. In particular, the firm notes that Visa can absorb the impact through cost adjustments given its expense flexibility.

In other news, Visa announced on March 3 an expansion of its collaboration with stablecoin infrastructure platform Bridge. Bridge enables businesses and developers to offer Visa cards backed by stablecoins. With the expanded partnership, the stablecoin card transactions can now be settled onchain with Visa. This has been made possible through Bridge’s partnership with Lead Bank. Additionally, Visa and Bridge are working to make the stablecoin-backed Visa cards available in more than 100 countries, from 18 currently.

Visa Inc. (NYSE:V) is a global payments company with a big focus on electronic funds transfers, mostly through payment cards. Visa is deeply involved in the digital assets space, including NFT trades. The company has made a direct NFT purchase and has arrangements with various crypto platform operators to facilitate card payments and stablecoin settlements.

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