A resilient macroeconomic backdrop ought to assist Visa ‘s stock proceed to be a winner, in response to EP Wealth Advisors director of portfolio technique Adam Phillips. He joined CNBC’s “Power Check” on Thursday to debate the credit card behemoth and one other decide he is bullish about for its defensive qualities. Visa Phillips stated he has been a longtime advocate of Visa stock. Shares have superior about 11% thus far in 2025, simply narrowly outpacing the S & P 500’s roughly 10% acquire. “Visa is actually one of the stocks that we’ve held the longest in our equity strategy going back 15 years now,” Phillips stated. “It certainly deserves a place because we know that consumption is such a big part of the economy, and Visa operates an effective duopoly along with Mastercard .” He lauded Visa’s free money circulate, saying it tends to “print cash.” V YTD mountain Visa stock in 2025. “If we believe the economic outlook is healthy, then this is certainly a company that is of high quality,” Phillips stated. Waste Management He’s additionally partial towards Waste Management . Shares have superior greater than 11% 12 months up to now. “Artificial intelligence gets a lot of the attention these days, but trash doesn’t have to be so boring,” Phillips stated. “Waste Management is not a cyclical company, so it does provide that downside protection.” WM YTD mountain Waste Management stock in 2025. “For a trash company, they’re still generating healthy revenue growth and earnings growth,” he added. “This is a company that we think is very additive to portfolios right now.”