Recently, Zacks.com users have been paying close attention to Visa (V). This makes it worthwhile to examine what the stock has in store.
Visa (V) undertakes a deposit of $600 million into its litigation escrow account, the move being equivalent to pursuing share buybacks and providing a boost to its bottom-line performance.
Inflationary pressures and rising interest rates are weighing on consumers and businesses alike. There's no telling when this economic pressure will subside, but one smart move you can make as an investor is focusing on companies with fortress balance sheets. High cash balances, low or no debt, and the ability to generate cash flows will give any company the ability to take advantage of a tough market, whether that means acquiring beaten-down companies, issuing dividends, or buying back their stocks at discounted rates.