Jim Cramer Shares Thoughts On Big Tech As Part Of These 12 Stocks

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3. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders In Q4 2024: 181

Visa Inc. (NYSE:V) is the largest payment card company in America. Its shares have gained 16% year-to-date as the firm has benefited from robust consumer spending and strong earnings reports. In his previous comments about Visa Inc. (NYSE:V) Cramer has called the firm a terrific investment and shared that he owns Visa Inc. (NYSE:V) rival Mastercard for the charitable trust. His latest remarks concerned the changed payment market following Capital One’s Discover acquisition:

“I think, I think that Richard Fairbank, the genius who runs Capital One, could very well use the Discover network to go against Mastercard, Visa, and American Express cause it has a lower [inaudible]. How do you like that? They have a hundred and twenty million cards! They have a hundred and twenty million cards! Why couldn’t they have their own network? Why couldn’t they just tell the retailers look this is what we’re going to use from now on and we’re gonna save you a lot of money.”

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