Over the last few days, Visa raised its dividend 13% to 59 cents.
It also posted Q4 adjusted EPS of $2.71, which beat estimates of $2.58. That’s also up from the $2.33 posted year over year. Net revenue was $9.62 billion, beating estimate of $9.49 billion. That also jumped from $8.9 billion year over year.
Q4's results were "driven by relatively stable growth in payments volume, cross border volume and processed transactions plus strong momentum across new flows and value added services," said CEO Ryan McInerney.
Brownstone Research
6 Hot AI Stocks: $1 Stock with 50X Potential
AI stocks are on fire right now.
Just this year, we’ve witnessed incredible gains, including SoundHound AI, Nvidia, Procept BioRobotics Corp, and AeroVironment.
And every time we’ve seen a tech mania – like the dawn of the internet or the launch of decentralized cryptocurrencies – the second wave of profits has been even greater than the first…
So the real question is, which AI stocks are set to explode next?
My team and I have identified 6 stocks that we believe are poised to deliver massive returns for early investors. Including a $1 stock pacing for 500% gains.
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Company: AbbVie (SYM: ABBV)
The company just raised its quarterly dividend from $1.55 per share to $1.64, which is payable on February 14, 2025 to shareholders of record as of January 15, 2025.
ABBV also raised its full-year outlook thanks to strong demand for Skyrizi and Rinvoq. In fact, it now expects to see adjusted diluted EPS of $10.90 to $10.94, which is up from its prior outlook of $10.67 to $10.87. Even better, ABBV just posted adjusted EPS of $3 on revenue of $14.46 billion, which was up 3.8% year over year.
“Skyrizi and Rinvoq revenues were up 50.8% Y/Y to $3.2B and 45.3% to $1.6B, respectively, during the quarter, as the immunology portfolio generated over $7B, up 3.9% Y/Y,” added Seeking Alpha.
Paradigm Press
Ex-CIA Insider Releases Trump Election Bombshell
Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell.
For the sake of our country…
I hope he’s wrong.
But Jim correctly predicted the Great Recession of 2008, Trump’s 2016 election, and the Covid Crisis.
Click here to see the details because if he’s right, you need to prepare now.
Company: Microsoft (SYM: MSFT)
Microsoft, which had earnings last night, also declared a dividend of 83 cents per share, which is a 10% increase over the prior quarter. It’s payable on December 12 to shareholders of record as of November 21. The company also approved a new $60 billion stock buyback program.
“In addition, the company announced the date for the 2024 Annual Shareholders Meeting, to be held Dec. 10, 2024,” as noted in a Microsoft press release.
Mode Mobile
Why Over 21,997 Investors Are Flocking to This Opportunity
The secret's getting out. Mode Mobile, recognized for its 32,481% growth and $60M+ revenue, is shaking up the market. Their "EarnPhone" has already helped users earn and save $325 million – now it’s your turn. With shares priced at $0.25, the window to join this opportunity won’t stay open for long.
⏳ Don’t Miss Out: Invest at $0.25/Share!
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