Is Visa Inc. (V) One of the Top Credit Services Stocks to Buy Amid the US Rate Cut

Visa Inc. (NYSE:V) is one of the top credit services stocks to buy amid the US rate cut. On October 23, Citi initiated coverage of Visa Inc. (NYSE:V) with a Buy rating and a $450 price target, citing its dominant network, strong brand, and central role in payments as key competitive advantages. The analyst also highlighted favorable cross-border trends and well-timed pricing changes as positive drivers for the stock.

Previously on October 14, the company launched a new framework that will allow merchants to verify AI agents and distinguish them from malicious bots in e-commerce. Trusted Agent Protocol is the new AI agent verification framework developed in collaboration with Cloudflare. It is designed to enable communication between AI agents and merchants during e-commerce transactions.

The launch of the new protocol coincides with a surge in AI-driven traffic to retail websites, which has jumped over 4,700% in the past year. Consequently, it is designed to ensure that only approved agents securely pass critical information to merchants while providing a framework for recognizing trusted agents with commerce intent. The unveiling of the new protocol underscores Visa’s commitment to supporting safe, more seamless interactions in payment ecosystems.

Visa Inc. (NYSE:V) is a digital payments technology company that operates a global payment network, connecting consumers, merchants, and financial institutions to facilitate electronic transactions. It is not a credit card company itself, but provides the technology and network that enable a wide range of payment products, such as credit, debit, and prepaid cards, to be used for online and in-store purchases.

While we acknowledge the potential of V as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.