Hedge Funds Quietly Buying Visa Stock – Here’s Why

(Seeking Alpha) Renaissance Technologies purchased 1.7 million shares of Visa stock last quarter.
Other hedge fund managers, including Ken Griffin, Israel Englander, and Cliff Asness, have also built positions in the stock.
Visa shares offer a lot of upside due to a long growth runway, growing dividend, and reasonable valuation.You can make a lot of money riding the coattails of smart money investors. And you won’t find many investors smarter than hedge fund Renaissance Technologies.

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