#4 - Mastercard (NYSE:MA)
Mastercard (NYSE: MA), the world’s second-largest payment processor, has been an ideal recovery stock. Millions of Americans paid down their credit card debt during the pandemic. Now the reopening gives them a reason to start putting their credit to use.
And the headline numbers of the company’s latest earnings report support the company’s growth. Mastercard reported $2.08 in earnings per share on $4.5 billion in revenues giving the company on both the top and bottom lines.
International transactions make up two-thirds of Mastercard’s $1.9 trillion value. This shows both the risk and reward for MA stock in the short term. On the one hand, there is a tremendous upside to the stock since the international market still lags behind the United States. However, with the Delta variant causing shutdowns in some international markets, it could slow Mastercard’s growth in the second half of the year.
MA stock is up 25% in the last 12 months, but with a gain of 10%, it is lagging the S&P 500 in 2021.
About Mastercard
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.
Read More - Current Price
- $460.27
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 23 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $497.78 (8.2% Upside)
