This Low-Risk Stock Is a Long-Term Winner
There is no free lunch. It's an idiom that can be applied in all walks of life, including the stock market. Most finance text books will tell you that an investment with low risk and high return doesn't exist. Either you take little risk and earn low returns -- like U.S. Treasury bills or savings accounts -- or you accept risk and the corresponding wide range of outcomes -- like stocks.
Yet some companies consistently prove the age-old wisdom wrong. Mastercard (NYSE: MA) has delivered for shareholders since going public in 2006 despite consistently being thought of as one of the lowest risk stocks around. Some things never change. The current environment might be offering investors another chance to get that proverbial free lunch.
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Source Fool.com
