Visa has a cross-profit margin of about 80%, 85% or something like that, which is really unheard of. They own the network and banks pay them to be able to put a Visa logo on their bank card. I analyzed it at the time when Amazon UK wanted to stop accepting visa transactions. But yeah, there's definitely high quality stock. And I don't see it easily being replaced by any other technology.
In today's show we are discussing some high-quality dividend growth stocks we would like to focus on during a recession. These kind of topics are in our minds right now as it feels like we'll be longer for lower. On the other hand, some of those high quality dividend growth stocks have yet to come significantly down to lower multiples. Hence, it might not be easy and our chances might be limited. That's why doing your homework upfront is so important!
Having said that, we hope you enjoy your episode and see you on the inside!
Links referenced in the show: