5 Dow Jones Stocks Every Investor Should Own

3. Visa Inc (NYSE:V)

At the end of the first quarter, there were 110 funds in our database long Visa Inc (NYSE:V), down by one over the quarter. The company’s stock has advanced by 20% year-to-date, but its dividend yield of 0.71% is the lowest among the five stocks discussed in this article. Visa Inc (NYSE:V) is a global leader in payment processing and enjoys a strong network effect. In addition, as retail is transitioning to online from offline, Visa is set to benefit even more.

According to the company’s investor day presentation on June 22, for every dollar spent in physical transactions, $0.15 is charged on a Visa card, but when it comes to online, this share increases to $0.43 (both figures exclude China). The company also pointed out the strong growth trends in both physical and digital spending; offline spending is set to grow at a compound annual growth rate of 4% until 2020, while online spending is estimated to grow at 20% CAGR. In conclusion, because of the current trends and Visa Inc (NYSE:V)’s size and global presence, the company is likely to continue to deliver strong growth, making it a worthy addition to our list of 5 Dow Jones stocks every investor should own.

Visa Inc (NYSE:V), Visa Electron, Card, MasterCard, Cards, Credit, bank

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