3 Reasons to Load Up On Mastercard Stock Right Now

Mastercard (NYSE: MA) is back. After a couple of years of underperformance thanks to the pandemic, the company is beating the market again this year. Share prices of the second-largest payments network (behind Visa) are down only 2.8% so far in 2022, compared to a 14.2% decline for the S&P 500 index.

For Mastercard, overall expansion in economic activity can keep business chugging higher -- even if issues abound with actual economic health. Amidst worries of inflation, rising interest rates, and general lingering effects from the pandemic, Mastercard is back in growth mode and could help stabilize a portfolio in these troubling times.

Here are three reasons the stock is a buy now.

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Source Fool.com