Fool.com contributor Parkev Tatevosian explains his reasoning for why he likes Mastercard (MA -0.78%) stock so much.
*Stock prices used were the afternoon prices of Sept. 27, 2023. The video was published on Sept. 29, 2023.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Here's Why Mastercard Is One of My Favorite Stocks to Buy Right Now
By Parkev Tatevosian, CFA
–
Sep 30, 2023 at 4:30PM
NYSE: MA
Mastercard
Market Cap
$422B
Today's Change
(-0.78%) -$3.56
Current Price
$454.20
Price as of May 14, 2024, 4:00 p.m. ET
Mastercard operates a business with some of the highest profit margins in the world.
Parkev Tatevosian, CFA has positions in Mastercard. The Motley Fool has positions in and recommends Mastercard. The Motley Fool recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Motley Fool Investing Philosophy
- #1 Buy 25+ Companies
- #2 Hold Stocks for 5+ Years
- #3 Add New Savings Regularly
- #4 Hold Through Market Volatility
- #5 Let Winners Run
- #6 Target Long-Term Returns
Why do we invest this way? Learn More
Stocks Mentioned
Mastercard
MA
$454.20
(-0.78%)
$-3.56
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
The 10% for 10 Club: These 3 Stocks Have Grown Their Dividends 10% (or More) Each Year for a Decade
Is Mastercard a Millionaire Maker?
Prediction: 3 Sensational Stocks That'll Be Worth Far More Than Tesla 2 Years From Now
3 Things You Must Know About Mastercard Before You Buy the Stock
4 Colossal Growth Stocks You'll Regret Not Buying in the New Nasdaq Bull Market
668%
Motley Fool Returns
Market-beating stocks from our award-winning analyst team.
Stock Advisor Returns
668%
S&P 500 Returns
153%
Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/14/2024.
Discounted offers are only available to new members. Stock Advisor list price is $199 per year.
Cumulative Growth of a $10,000 Investment in Stock Advisor
Calculated by Time-Weighted Return since 2002. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.