Parkev Tatevosian, CFA on $V (Nov 2, 2026)
Visa is one of the best companies in the world, averaging around 65% operating margins over the past decade, with over 4 billion cards in circulation making merchant acceptance almost obligatory. The speaker values it at $462 versus a $414 market price, sees its valuation decline as less severe and its position better than other businesses, and holds it as one of his largest positions while always interested in adding more.
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The next stock I will highlight is Visa, which is one of the best companies in the world. Before the rise of artificial intelligence, Visa was the most profitable company I tracked, with operating margins hovering around and averaging around 65% for most of the past decade.
I have calculated the fair value of a Visa share at $462. The current market price is $414. The decline in valuation is not as severe for Visa as it is for some of these other companies, but Visa is a more distinctive stock and in a better position than some of these other businesses.
They have over 4 billion cards in circulation, and that huge consumer base makes it almost obligatory for merchants to accept their cards as a means of payment.
I own Visa shares in my portfolio. It is one of my largest positions and I am always interested in adding more to this stock. He has performed very well for me over many years.
What this channel has said about $V
Parkev Tatevosian, CFA has 6 calls on this stock; only the adjacent ones are shown.