Even during a recession, Mastercard's business could hold up relatively well.
Mastercard (MA -0.32%) is dominant among worldwide payment processors. The company has a relatively resilient business, which makes it an attractive investment. In this video, I will answer if it's a good idea to buy Mastercard stock right now.
*Stock prices used were the afternoon prices of Dec. 7, 2022. The video was published on Dec. 9, 2022.
Parkev Tatevosian, CFA has positions in Mastercard. The Motley Fool has positions in and recommends 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 fool.com/parkev, 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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