MasterCard’s International Growth Can Drive The Stock To New Highs Next Year | Seeking Alpha


Posted on October 17th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on MasterCard’s International Growth Can Drive The Stock To New Highs Next Year | Seeking Alpha

MasterCard’s International Growth Can Drive The Stock To New Highs Next Year

My article on MasterCard (MA) for Seeking Alpha

Shares of MasterCard (NYSE:MA) have been an underperformer for 2014 with a year to date loss of 14.53% vs. the S&P 500’s SPX 1.59% gain. The correction in the stock isn’t related to a decline in the fundamentals either since they not only reported better Q1 and Q2 results on a year over year basis (top and bottom line), but also beat Wall Street consensus estimates. However, it does have to do with the stock soaring 70.68% in 2013 (more than double the rise in the S&P 500). The stock had simply gotten ahead of itself and needed to take a breather. Revenue has been growing 10-13% recently and is expected to do so in the upcoming years too. Earnings growth has been even more impressive at an annual rate into the mid-to-high teens and analyst estimates are looking for 19.3% in 2015…Click here to read the rest of the article.





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