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"Mastercard essentially has a global duopoly in digital payments infrastructure."
Motley Fool contributor Nick Rossolillo discusses why he owns Mastercard (MA 0.07%) stock. He covers everything from the risks posed by blockchain tech to Mastercard's strong balance sheet. Mastercard already has the infrastructure built for digital payments, so each new customer generates huge profits.
Check out the video for his full thoughts!
*Stock prices used were the midday prices of Oct. 3, 2022. The video was published on Oct. 4, 2022.
Nicholas Rossolillo has positions in Mastercard. Zane Fracek has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Mastercard. The Motley Fool has a disclosure policy.
Zane Fracek 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.
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