In Stewart Asset Management's Q4 2024 letter, Mastercard (MA, Financial) was highlighted for its innovative payment solutions and strategic use of AI in fraud detection. The company's leadership in the global payments industry aligns with the fund's investment strategy focused on high-quality, growth-oriented businesses.
"Photoshop, NotebookLM and credit card fraud detection represent practical examples of how AI has already begun to help day-to-day business and personal tasks. These three services are product offerings of Adobe, Alphabet and Mastercard, respectively - all companies in our portfolios." — Stewart Asset Management, Q4 2024 Fund Letter
Read full letter at gurufocus Stewart Asset Management 2024 Q4 page.