|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||236.00 - 236.00|
|52-week range||174.82 - 250.03|
|Beta (5Y monthly)||0.95|
|PE ratio (TTM)||29.95|
|Forward dividend & yield||1.80 (0.82%)|
|Ex-dividend date||10 Aug 2023|
|1y target est||N/A|
Visa's (NYSE: V) reported net revenue of $8.1 billion and diluted earnings per share of $2 in its most recent three-month period (Q3 2023 ended June 30). This is a usual occurrence for this huge card payments network, and investors have grown accustomed to it, regardless of the economic climate. Here's why the biggest number from Visa's earnings report was 62% -- its operating margin for the latest quarter.
A sleep-well-at-night (SWAN) strategy for stock picking is a goal for many long-term investors. Free cash flow, dividends, or buybacks, and operations in secular growth industries are three things to look for in these stocks. If you have $1,500 in an investment account, whether from dividends, selling a winner or cutting losses on a loser (it happens), or monthly deposits adding up, these stocks may be an excellent place to invest for the long term.
With the holiday season approaching, consumer habits have been a topic on many retailers’ minds. David French, NRF Senior Vice President of Government Relations joins Yahoo Finance’s Seana Smith and Brad Smith to assess how credit card fees and the general state of the economy will impact holiday spending. French says he still sees “signs of weaknesses” despite the average American household having savings to last them through the end of the year. With tighter credit conditions, French expects consumers to hold onto their money, predicting that consumers will cut back on discretionary spending— specifically for services. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.