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Visa (V) stock up 21% this year, is it too expensive

  • Payments processor Visa (V) has had quite a good period for its stock;
  • V stock gained 21% in 2019;
  • The stock might be overvalued at the moment, but the company still has place to grow.

Payments processor Visa (V) has had quite a good period for its stock. The shares of V stock have been constantly gaining in value for quite some time. V stock is up roughly 21% so far in 2019with many people thinking that the run will not stop yet. During the same period, the S&P 500 index gained 13.4%.

On the other hand, with a PE ratio of 33.1 and a dividend yield lower than 1%, Visa stock is an expensive buy. Even though some people call Visa stock overextended at the moment, the company has a lot of room to keep on growing and that make the shares a solid addition to long-term investors’ portfolios.