There's no denying that Mastercard (NYSE: MA) has been a superb investment when measured over almost any time frame. If you invested in the IPO almost 14 years ago, it's more than an 80-bagger at this point. If you invested five years ago, you're up almost 300%. Heck, the stock returned 58% in 2019 alone, more than doubling the S&P 500's stellar year.
Seeing returns like this can lead investors to (wrongly) assume that they've missed the boat and the stock's best performance is behind it. While it's crazy to expect a 58% return every year, I still believe this stock is worth buying today. Here's why.
Source Fool.com