Is Visa Stock Still a Buy After Gaining 14% This Year?

Visa stock has surged 12% in the past two weeks to an all-time high of $401 per share, driven by approval to establish a bankcard clearing institution in China and the commercial deployment of its stablecoin platform. With a forward P/E of 24 and expected Q4 dividend increases (historically 13-20%), the analyst maintains a buy rating ahead of October 27 earnings, citing Visa's durability and anticipated low-teens revenue growth.