Visa (V) Stock Could Be Near Fair Value Despite Its 105% Run

Visa has delivered strong multi year gains, and at a recent price of US$414.34 per share the key question is whether that level can be justified by the returns the business earns on its capital. Over the past 5 years the stock has returned 105.1% which puts real weight on whether those share price gains are supported by the underlying profitability of Visa's card network and services. Recent moves into areas like stablecoin payments, tokenization fees and AI driven commercial payment tools...