From The Motley Fool · Dave Kovaleski · · 40s
Visa Stock Still a Buy?
Visa stock up 14% this year with new China market and stablecoin moves.
In brief
Visa stock up 14% this year with new China market and stablecoin moves. Visa stock remains a buy as it gained 14% this year with new China market access and stablecoin deployment. Originally reported by The Motley Fool.
Visa stock at all-time high
Visa stock is trading at an all-time high after gaining 14% this year.
New China market access
Visa got approval from the People's Bank of China to establish a bankcard clearing institution in China.
Stablecoin commercial deployment
Visa Direct stablecoin moved from pilot stage to commercial deployment on Oct 15.
Dividend boost expected
Visa expects a 14% dividend bump on Oct 27 after raising it 14% last year.
The big picture
Visa stock remains a buy as it gained 14% this year with new China market access and stablecoin deployment.
