Market Overview

Pete Najarian Is Bullish On Visa

Share:

On CNBC's "Fast Money," Pete Najarian suggested that investors should consider buying Visa Inc (NYSE: V).

Najarian likes the stock because he thinks Visa's management is strong, consistent and has a shareholder-friendly plan. Najarian explained that management reduced the company's share count by 21 percent in the last nine years; the company has a great dividend yield and growth potential.

Najarian believes Visa Inc could trade higher to $105 or even $110. He bought the stock on Tuesday.

 

Related Articles (V)

View Comments and Join the Discussion!

Posted-In: CNBC Fast Money Pete NajarianOptions Markets Media Trading Ideas