Shares of Visa got a boost today as the company reported earnings. Both Visa and MasterCard have had incredible performances since their initial public offerings, but is there still room to climb at these multiples? In the video below, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss why sometimes, as Warren Buffett says, it's better to buy great companies at a fair price, than fair companies at a great price.

The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report, "3 Stocks That Will Help You Retire Rich," names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.


The article Visa and Mastercard Can Still Soar Higher originally appeared on Fool.com.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends MasterCard and Visa. The Motley Fool owns shares of MasterCard. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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