Is It Too Late to Buy Mastercard Stock?
There aren't many companies that can say they took care of their shareholders better than (NYSE: MA) has. Since its initial public offering (IPO) in May 2006, the card-payments giant has produced a total return of 10,910%. The S 500, in comparison, generated a total return of 521% during the same time frame.
Mastercard's market cap is currently $415 billion. Is it too late to buy this top financial stock?
Mastercard once again reported another fine quarter. Revenue of $7 billion came in ahead of Wall Street forecasts. This top line was driven by 9% growth in gross dollar volume, with Mastercard handling a whopping 39.4 billion transactions.
Source Fool.com
Mastercard Inc. A Stock
€425.15
-0.390%
With 47 Buy predictions and not a single Sell prediction Mastercard Inc. A is an absolute favorite of our community.
As a result the target price of 455 € shows a slightly positive potential of 7.02% compared to the current price of 425.15 € for Mastercard Inc. A.
