Visa (V, Financial) was featured in Andrew Hill Investment Advisors' Q1 2023 letter as a dominant player in the payments industry, benefiting from long-term growth trends such as the transition from cash to digital transactions and the rise of e-commerce and mobile payments. Visa's strong reputation for reliability and its achievement of carbon neutrality across operations further enhance its market position. The company is noted for its high returns on assets and robust cash flow, making it a money-making machine in the portfolio.
"Visa possesses the financial resources and market share to be a dominant player and innovator in the payments industry." — Andrew Hill, Andrew Hill Investment Advisors, Q1 2023 Fund Letter
Read full letter at gurufocus Andrew Hill Investment Advisors 2023 Q1 page.