Has Mastercard's Stock Gone Too Far, Too Fast?
There are few companies in the world tied to consumers' financial health the way Mastercard (NYSE: MA) is. It processes an incredible $6.3 trillion worth of transactions each year, and therefore can be really sensitive to economic shocks that result in less consumer spending. The COVID-19 pandemic was probably as significant a shock as Mastercard could expect to see, but looking back, the company didn't perform too badly.
Source Fool.com
