Visa stocks are trading at 10% of their peak values, which is an excellent result in the falling market compared to many other prominent shares. The company has very strong financials as number of financial transactions processed by the company continue to increase rapidly despite strong pandemic growth, which has now come to a standstill. Lockdowns promoted online payments and customers got used to this kind of transactions. Visa revenues rose by 19% year-on-year during Q3 2022. The company has bought back its shares for $11.6 billion and paid $3.2 billion during the last twelve months.

Moreover, Visa is benefiting from the reopening of the travel industry and the recovering sector. The number of international transfers increased by 36% year-on-year. The company estimates that overseas travel to Asia have recovered only by 70% by this time. So, China’s reopening may boost its revenues further up.