2024-03-22 04:51:46 ET
Summary
- Mastercard's global payment network should continue to drive strong results well into the future.
- The company's winning position in fintech - and expansion into China - should continue to entrench network advantages, despite regulatory risks.
- With a strong growth profile and excellent margins, MA is a 'premium' company.
- While nominally 'expensive', we think that shares are reasonably priced, and today's buyers can participate 100% in the company's future growth.
- We rate MA a 'Buy'.
Mastercard ( MA ) is one of the largest financial companies in the world, with more than $450 billion in market cap as of writing.
With a robust growth profile, terrific profit margins, and strong momentum in shares, it's clear that the company is on a roll....
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Mastercard: This Highly Affordable Profit Machine Keeps Growing