Jeff Auxier Comments on Mastercard Inc.

Guru stock highlight

Author's Avatar
Feb 12, 2019

Mastercard Inc. (NYSE:MA)

Despite strong performance with currency neutral revenue growth of 17% and earnings growth of 36%, Mastercard has fallen from its peak in the fall of 2018 due to macroeconomic concerns. Mastercard has done a great job in fending off the competition in the digital payments space while taking advantage of the digital trends away from cash payments.

From Jeff Auxier (Trades, Portfolio)'s fourth-quarter 2018 market commentary.