Visa Inc. (V): Among Billionaire Ken Fisher's Top Growth Stock Picks
We recently published a list of . In this article, we are going to take a look at where Visa Inc. (NYSE:V) stands against other billionaire Ken Fisher's top growth stock picks.
'Who am I to tell you anything, much less anything that counts? Or that there are only three questions that count and I know what they are? Why should you bother reading any of this? Why listen to me at all?'
This is the opening paragraph in one of Kenneth Lawrence Fisher's books, 'The Only Three Questions That Count: Investing by Knowing What Others Don't.' Fisher has over ten books to his name, but that is not why investors pay attention to what he has to say whenever he says it. Known to many as Ken Fisher, the 74-year-old is ranked at position 212 in the latest Forbes Billionaires list (as of March 11, 2025). This is thanks to the $11.2 billion of wealth he has amassed through Fisher Investments, a firm that has more than $270 billion in assets under management.
Fisher has a lot to say about the market, and he is an active commentator on current events. As you'd expect, he had something to say about Trump's tariffs. On Tuesday, March 11, 2025, President Trump doubled down on tariff talks, threatening to double the planned tariff on Canada-imported aluminum and steel to 50%. He said the levies would be effected in 24 hours and that if Canada doesn't play ball, he 'would set tariffs on cars from Canada so high that they would permanently shut down the Canadian car industry,' the New York Times reported.
READ ALSO: Top 10 Blue Chip AI Stocks to Buy According to Billionaire Cliff Asness and Cathie Wood's Top 12 AI Stock Picks in 2025.
President Trump has given four reasons for the tiff with Canada. On raising tariffs on Canadian aluminum and steel, the president argued that the move is a response to Ontario bumping up prices on the electricity exported to the United States. He has also mentioned concerns about fentanyl trafficking, high levies on dairy imports, and that the tariffs are the current administration's 'broader strategy to use economic leverage to address national security concerns and promote domestic manufacturing.'
Fisher agrees with President Trump but only as far as the tariffs are negotiating tools. In a recent video posted on YouTube, he explains that tariffs are rarely fully enforced and argues that the actual impact of tariffs is often much smaller than people fear. The levies might be set at, say, 10-15%, but the real cost impact on goods is usually around 1.5%. He also emphasizes that markets often overreact to tariff announcements, causing unnecessary fear and volatility.
In other words, Fisher's mind is clear that the current selloff in the US stock market is an overreaction that will settle. It is impossible to argue with a person whose stock picks have generated so much value in so many years. Fisher Asset Management, the investment vehicle of Fisher Investments, currently has 975 holdings, with a calculated portfolio value of $251 billion. This value has increased drastically over the past 10 years, with a slight dent during the COVID-19 pandemic.
We combed Fisher Asset Management's Q4 2024 13F filings to identify the top growth stocks in which the firm is invested in. From the resultant data, we settled on the top 13 growth stock picks and analyzed them to determine why they stand out as growth picks. Finally, we ranked the stocks in ascending order based on the value of Fisher Asset Management equity stakes while also detailing hedge fund sentiment around each stock.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points ().
A close-up of a modern payments terminal with a pile of credit cards on the side.
Visa Inc. (NYSE:V) is a leading provider of payment processing technology. It offers VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It is one of the top growth stock picks in Ken Fisher's portfolio owing to its strong financial results, surging cross-border volumes and growing adoption of digital payments.
Visa Inc. (NYSE:V) delivered strong fiscal 2024 results characterized by a 10% year-over-year revenue increase to $35.9 billion. The robust growth continued in the first quarter of 2025, whereby revenue was up by 10% to $9.5 billion. The stellar financial results are being driven by increased cross-border volume of 15% in fiscal 2024 and 16% in the first quarter of fiscal 2025.
Additionally, Visa Inc. (NYSE:V) benefits from expansion in key regions of North America, Asia Pacific, Europe, and Latin America, which triggered a 14% increase in adjusted earnings per share in Q1 of fiscal 2025 to $2.75. Visa remains well positioned to benefit as global economies transition from cash to digital payments.
Overall, V ranks 11th on our list of billionaire Ken Fisher's top growth stock picks. While we acknowledge the potential of V as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than V but that trades at less than 5 times its earnings check out our report about the
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hamilton Spectator
30 minutes ago
- Hamilton Spectator
Appeals court won't reconsider ruling that Trump must pay E. Jean Carroll $5M in sex abuse case
NEW YORK (AP) — A federal appeals court won't reconsider its ruling upholding a $5 million civil judgment against President Donald Trump in a civil lawsuit alleging he sexually abused a writer in a Manhattan department store in the mid-1990s. In an 8-2 vote Friday, the 2nd U.S. Circuit Court of Appeals rejected Trump's petition for the full appellate court to rehear arguments in his challenge to the jury's finding that he sexually abused advice columnist E. Jean Carroll and defamed her with comments he made in October 2022. Carroll testified at a 2023 trial that Trump turned a friendly encounter in spring 1996 into a violent attack after they playfully entered the store's dressing room. A three-judge panel of the appeals court upheld the verdict in December, rejecting Trump's claims that trial Judge Lewis A. Kaplan's decisions spoiled the trial, including allowing two other Trump sexual abuse accusers to testify. The women said Trump committed similar acts against them in the 1970s and in 2005. Trump denied all three women's allegations. In an opinion Friday, four judges voting to reject rehearing wrote: 'Simply re-litigating a case is not an appropriate use' of the process. 'In those rare instances in which a case warrants our collective consideration, it is almost always because it involves a question of exceptional importance,' or a conflict between precedent and the appellate panel's opinion, Judges Myrna Pérez, Eunice C. Lee, Beth Robinson and Sarah A.L. Merriam wrote. All four were appointed by President Joe Biden, Trump's one-time Democratic rival. The two dissenting judges, Trump appointees, Steven J. Menashi and Michael H. Park, wrote that the trial 'consisted of a series of indefensible evidentiary rulings.' 'The result was a jury verdict based on impermissible character evidence and few reliable facts,' they wrote. 'No one can have any confidence that the jury would have returned the same verdict if the normal rules of evidence had been applied.' Carroll's lawyer, Roberta Kaplan, said in a statement: 'E. Jean Carroll is very pleased with today's decision.' 'Although President Trump continues to try every possible maneuver to challenge the findings of two separate juries, those efforts have failed. He remains liable for sexual assault and defamation,' said Kaplan, who is not related to the judge. Trump skipped the trial after repeatedly denying the attack ever happened. He briefly testified at a follow-up defamation trial last year that resulted in an $83.3 million award. The second trial resulted from comments then-President Trump made in 2019 after Carroll first made the accusations publicly in a memoir. Kaplan presided over both trials and instructed the second jury to accept the first jury's finding that Trump had sexually abused Carroll. Arguments in that appeal are set for June 24. The Associated Press does not identify people who say they have been sexually assaulted unless they come forward publicly, as Carroll has done. ___ Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
New York Times
32 minutes ago
- New York Times
U.S. Steel and Nippon Steel Say Their ‘Partnership' Is Sealed
U.S. Steel and Nippon Steel announced on Friday that they had entered into an agreement with the U.S. government to seal the terms of a 'partnership' between the companies, more than a year after the Japanese steel maker first tried to buy its U.S. competitor. Former President Joseph R. Biden Jr., under pressure from the United Steelworkers union, blocked the deal on the basis that it was a threat to national security. President Trump, who also initially opposed the deal, reversed himself and decided to look for a way to revive it. The companies referred to the deal as a partnership, echoing language that Mr. Trump used in describing the transaction he blessed three weeks ago. But U.S. Steel has not indicated to shareholders that it has altered the $14.9 billion sale to Nippon that they approved in April last year. 'We thank President Trump and his administration for their bold leadership and strong support for our historic partnership,' the companies said in a statement. 'This partnership will bring a massive investment that will support our communities and families for generations to come.' The companies said they had entered into agreement with the U.S. government to alleviate any security concerns posed by the deal, known as a national security agreement, which calls for roughly $11 billion in new investments by 2028. The deal will also give the U.S. government a 'golden share' in the company, a rarely used practice through which the government takes a stake in company. In the United States, the government has typically taken a stake only in companies that are ailing or in particular need of government attention, like General Motors during the 2008 financial crisis. This is a developing story. Check back for updates.
Business Insider
32 minutes ago
- Business Insider
Dow Jones Index Today: DJIA Drops on Israel Strikes as Consumer Sentiment Jumps
The Dow Jones (DJIA) is down by over 1% as the market processes the impact of Israel's attack on Iran's nuclear and military facilities. Meanwhile, oil prices are surging as the conflict threatens to disrupt energy supply chains in the Middle East. Confident Investing Starts Here: On Friday, President Trump said that Israel's strikes will actually be a positive for the market. 'I think ultimately, it would be great for the market because Iran will not have a nuclear weapon. It will be great for the market—should be the greatest thing ever for the market. Iran won't have a nuclear weapon that was a great threat to humanity,' said Trump in an interview with the Wall Street Journal. Trump also added that he was aware of the attack before it occurred and that he plans to speak with Israeli Prime Minister Benjamin Netanyahu today. Meanwhile, consumer sentiment has finally reversed a six-month slump based on the University of Michigan's Index of Consumer Sentiment. The index's preliminary June reading came in at 60.5, above the estimate for 53.5 and up from 52.2 in May. Furthermore, UM's year-ahead inflation expectation tallied in at 5.1% compared to 6.6% last month. Long-run inflation expectations are now at 4.1%, down from 4.2%. Which Stocks are Moving the Dow Jones? Let's shift our attention to TipRanks' Dow Jones Heatmap, which illustrates the stocks that have contributed to the index's price action. In a weak finish to the week, every single technology stock within the index is falling, led by Salesforce (CRM) and Nvidia (NVDA). In addition, payment providers Visa (V) and American Express (AXP) are taking a hit after the Wall Street Journal reported that Amazon (AMZN) and Walmart (WMT) are exploring the idea of issuing proprietary stablecoins. Elsewhere, communications services, energy, and healthcare, excluding embattled UnitedHealth Group (UNH), are relatively muted as we head into the weekend. DIA Stock Moves Higher with the Dow Jones The SPDR Dow Jones Industrial Average ETF (DIA) is an exchange-traded fund designed to track the movement of the Dow Jones. In addition, DJIA can't be bought or sold, although DIA can be. Wall Street believes that DIA stock has room to rise. During the past three months, analysts have issued an average DIA price target of $466.70 for the stocks within the index, implying upside of 9.82% from current prices. The 31 stocks in DIA carry 30 buy ratings, 1 hold rating, and zero sell ratings.
