Visa: A Quick Update
Visa, one of the world's largest electronic payments networks, is an incredibly high-quality company. Are the shares attractive at current levels?
Dear readers,
Welcome back to the Quality Equities newsletter.
On September 29, 2024, I authored an article about Visa, which was published shortly after news broke that the Justice Department had filed a lawsuit accusing the company of monopolizing the debit market.
As a refresher, the DOJ alleges that Visa has maintained an illegal monopoly in the debit …
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