Mastercard Inc. (MA)

Favourable secular trend shifting from cash to electronic. Growth of e-commerce. Increasing adoption of mobile payment. Consumer spending and global trade continues to grow. $11B share buyback. Down about 10%, an opportunity. Yield is 0.6%.

Minimal, and almost negligible in the long term. Both Mastercard and Visa will make up for this due to their large volumes of transactions. Expect more transactions using credit and debit cards, as well as cross-border travel. Both benefit from the shift to a cashless society.

12-month price target for Visa of $315. 12-month target for MA is $490. It's really a flip of the coin right now. Both have reasonable runway. Lots of people do pair trades, and right now that's long MA and short Visa.

He owns Visa. It's much larger, larger than all of its competition put together. Prefers its more international exposure, as that has greater growth potential. Could both become trillion dollar companies via organic growth and through potential valuation re-rating to return to mid-30 multiples.

MA is a very good competitor. Trades a few multiple points higher than Visa.

Likes long-term secular growth of moving from cash to digital, will continue to grow. Shares are down about 10% since recent highs in March, it's just part of the consolidation phase. Long-term, continue to own and buy. 
 
MA should see about 15% earnings growth going forward. Seeing more world travel, and US consumer remains very healthy. MA gives you a bit more international exposure, Visa is larger. Approaching 200-day MA, so could provide a pretty solid support level and a chance to buy a bit cheaper.

A great stock, like its credit card peers. Is up 27% in the last 6 months. Buy some now and more when it dips.

Credit space in very good trend. Would recommend buying. Excellent business with strong fundamentals. Support levels very good. Major support around $420/share. Good option for investors that are bullish on digital payments. 

Has owned this a long time, wished he owned both. A great compounder. They reinvest their huge cash flows to buy companies and grow dividends. It benefits from inflation as people spend more. The valuations of both have never been cheap, but you get what you pay for. The remain remains large.

He has owned it and done well. It is part of a duopoly with Visa. Mastercard is growing at 12% and Visa at10%. Buy and hold for the long term.

Still likes the space. Post pandemic, seeing more travel and spending around the world. Visa is the only other major player. Price above 200-day MA, which continues to move higher, higher highs and higher lows. Breakout on stock. Good name to hold, you can add on weakness.

This and Mastercard have been consistent double-digit growers for many years. Growth rates are starting to slow. The law of large numbers is kicking in. But he's holding onto this for its growth in a market when few companies are really growing.

It reports Wednesday. More like Visa than AmEx and could report better results than Visa, because MA puts up consistently strong reports. Likes it.

Grown revenue by 10% annualized last 5 years. Second-largest digital payments company after Visa. Over 210 countries, 150 currencies. Solid consumer spending that's growing. Travel demand, higher cross-border volumes. 

Extensive global network. Very strong brand recognition, great technology gives it strong competitive advantages to protect market share. Industry has plenty of runway for growth. Tollbooth. Share buybacks, raised dividend 16%. Earnings growth looks to be 17% or more for several years. Reasonable price. Great core name. Yield is 0.6%.

Governments could take action on being a duopoly along with Visa but this would have to be a unified effort all over the world. It just got permission to operate in China which has 800 million credit cards. American Express was the first to do this and Visa is not there yet.