Jim Cramer’s Recent Insights on These 24 Stocks

Page 14 of 23

10. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 167

Visa Inc. (NYSE:V) is one of the stocks Jim Cramer recently provided insights on. Cramer noted the company’s growth over the past decade and said:

“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.”

Visa Inc. (NYSE:V) is a payment technology company that processes digital transactions and provides credit, debit, and prepaid cards.

Page 14 of 23