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Visa and Mastercard Are Strangely Undervalued. Both Stocks Are a Buy.

Por: MarketWatch Business July 14, 2023

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Put simply, there may be no greater big business out there than payment processing. The stocks have sought-after attributes for any investor and enjoy premium valuation multiples as a result. Not that premium lately, however. Even after gaining 18% this year, Visa stock fetches around 25 times its expected earnings for the next year, versus its average of 30 times over the past five years and up from 24 times at the start of 2023. Compare that... + full article



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