
NYSE:MA
This summary was created by AI, based on 17 opinions in the last 12 months.
Mastercard Inc. continues to be viewed positively by experts, with many emphasizing its strong fundamentals and resilience in the face of potential disruptions from stablecoins and digital currencies. The company's position in the market is strengthened by its ability to provide value-added services and the ongoing digitization of cash. Many analysts suggest that fears regarding competition are greatly exaggerated, and both Mastercard and Visa are considered essential players in the payments system. Despite the company's recent stock performance being flat, growth prospects remain solid, with expectations of double-digit revenue and earnings growth. Overall, experts recommend holding or buying Mastercard, viewing it as a long-term investment with robust market positioning.
He prefers it to Visa, though both are fine. MA boasts more growth. Both dominate payments. Despite new, smart e-payment companies, customers still need a card like MA--cards won't go away soon. For MA, he forecasts 10-12% annual revenue growth for the next 2-3 years and strong free cash flow, growing earnings at 30x 2020's revenues. Chip away at this when you can, because this doesn't pullback much. (Analysts’ price target is $309.22)
You need to be in this space. He also owns a lot of Visa. But have pulled back recently due to momentum ETFs, and the markets shifted from momentum to value last month. The credit cards are in those ETFs. Visa and Mastercard has done very well for him, so now is a buying opportunity.