Visa
Payment processor Visa’s appeal to investors is undeniable, what with the rise of digital mobile payments across the globe in years. When the pandemic started in March 2020, cashless transactions became more popular as people avoided frequently touched surfaces and things.
In 2020, London-based Odey Asset Management Group heavily invested in Visa by buying 1.5 million shares, increasing its stake by at least 9K percent! This significant move also meant that the company now makes for 42.1 percent of the firm’s holdings, its largest position. Its second pick is Barrick Gold, which is only 5.2 percent of its portfolio.