Pete Najarian Is Bullish On Visa

On CNBC's "Fast Money," Pete Najarian suggested that investors should consider buying Visa Inc 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.