Jim Cramer Expressed Thoughts on These 14 Stocks

1. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 179

Visa Inc. (NYSE:V) is one of the stocks Jim Cramer expressed thoughts on. When a caller expressed worry about the stock, Cramer commented:

“I just had a really nice update with Visa just the other day, and it was really quite amazing. They’re doing incredibly well. Look, if you want to get into the business of credit cards that don’t charge as much, I want you to go buy the stock of Capital One, which has been one of my big recommendations for this year. Club members know I think it’s terrific… It did hit a new high today, but that doesn’t mean anything because it sells at 12 times earnings, COF, Capital One.”

Visa Inc. (NYSE:V) is a payment technology company that processes digital transactions and provides credit, debit, and prepaid cards. During the October 27 episode, Cramer mentioned the company and commented:

“Fifth, there’s Visa, another long shot that’s in the same boat, although I give it 40:1 odds because look, it’s got a market cap of already about almost $700 billion. Same story as MasterCard, though, 16% compound annual earnings growth over the past decade. 14% growth expected this year. No matter how much Wall Street worries about the new payments platforms, they never seem to make a dent in the big credit card networks.

Like Mastercard, though, Visa doesn’t really have the juice to leapfrog its more richly valued competitors in the trillion-dollar race. But man, this stock’s given shareholders an annual equivalent gain of about 17% for the past decade. If they keep it up, Visa should be a trillionaire within three years, and I bet Visa gets there. I just doubt they’ll get there first.”

While we acknowledge the potential of Visa Inc. (NYSE:V) as an investment, our conviction lies in the belief that 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.

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