Is Mastercard a Millionaire Maker?
(NYSE: MA) is one of the largest payment processors in the world, sharing an effective duopoly with Visa (NYSE: V). Mastercard has rewarded investors with huge growth over time, and the stock has advanced a massive 500% over the past decade alone. But is this the best payment processor to buy right now? It might pay to do a bit of comparison shopping before you buy.
Although consumers often consider the credit cards they have in their wallets Mastercards or Visas, the truth is that the cards are issued by other companies. The logos really just signify that Visa and Mastercard handle the back-end work of approving and tracking the use of those cards. Don't underestimate what this means -- the technology and global network that Mastercard (and Visa) have created is impressive. And, perhaps even more important, the systems are highly secure.
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Source Fool.com
Mastercard Inc. A Stock
The stock is one of the favorites of our community with 49 Buy predictions and 3 Sell predictions.
With a target price of 566 € there is a slightly positive potential of 14.18% for Mastercard Inc. A compared to the current price of 495.7 €.
