Business
3 reasons Mastercard is a buy
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
Like many businesses, Mastercard Inc (NYSE: MA) has felt the impact of the COVID-19 pandemic. Rising unemployment and social distancing measures have reduced consumer spending in many key markets, from entertainment to travel. As a result, Mastercard’s revenue has dropped over 10% during the first nine months of 2020. But for investors willing to see past the present, Mastercard’s culture of innovation and operational excellence positions the company for strong growth in the years ahead. Here are three reasons why Mastercard looks set to succeed.
1. An enormous market opportunity
During Mastercard’s most recent…
-
Business20 hours agoWhy Vault Minerals, Droneshield, Westgold Resources shares are climbing higher today
-
Noosa News21 hours agoBroncos staffer who guided Mam through crash crisis admits to drink-driving
-
Noosa News22 hours agoQueenslanders to continue legal challenges against COVID-19 directives after successful appeal
-
Noosa News15 hours agoRacing Queensland responds to criticism of ‘deadliest’ greyhound track