Babylon Capital® Quality & Valuation Analysis On Visa | Why Visa May Be Poised For A Breakout After 2 Years Of Consolidation
Visa (NYSE: V) has been in consolidation for two years, since trading at an all-time high of $252.67 on July 27, 2021. This was warranted considering that V was trading 37x earnings, significantly higher than its typical range of 25x – 30x earnings.