212.81 +0.04 (0.02%)Shirt Replays Wildcats Kentucky T Distant p0q64p
Pre-Market: 6:26AM EDT
|Bid||210.00 x 800|
|Ask||212.81 x 900|
|Day's Range||210.47 - 213.27|
|52 Week Range||136.06 - 217.35|
|Pajamas ords Print Print Heart Cami Co Shorts Funny Smile Letter Volume||3,032,908|
|PE Ratio (TTM)||47.72|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Heart Letter Shorts Smile Co ords Cami Funny Print Pajamas Print Forward Dividend & Yield||1.00 (0.47%)|
|Funny Print Co Letter ords Shorts Heart Smile Cami Pajamas Print Ex-Dividend Date||2018-07-06|
|1y Target Est||229.28|
Smile Print Cami Heart Letter Pajamas Shorts Funny Co ords Print Visa (V) is poised to benefit from the growing trend of cashless transactions around the world mainly driven by increased mobile and Internet penetration and rapidly growing e-commerce as well as POS (point-of-sale) transactions. Decreased cost of digital payment acceptance is another factor that could fuel Visa’s growth. According to a research report from Statista, the total global digital payments transaction value is likely to reach ~$5.41 trillion in 2022 from ~$2.75 trillion in 2017.
Improving GDP growth, a healthy job market, and steady wage growth have increased the disposable income of consumers, thereby giving them greater spending power. The US GDP grew 4.1% in the second quarter of 2018, which was almost double the 2.2% increase registered in the first quarter. The growth rate was the highest since the third quarter of 2014.
Visa stock (V) has sparkled over the last one and half years. Year-to-date, Visa stock has returned ~25%, much better than the iShares U.S. Financial Services ETF (IYG) and the SPDR S&P 500 ETF (SPY), which are up 5.6% and 8.3%, respectively. Visa’s revenues and earnings per share (or EPS) have topped the Wall Street estimates in the last eight quarters and seen a significant YoY improvement.
Alphabet’s (GOOGL) Google has partnered with Mastercard (MA) on a program that could help it push back against Amazon (AMZN) in the digital advertising market. Amazon has been mentioned as a growing threat to both Google and Facebook (FB) in the advertising business.
While the disruptive and innovative blockchain technology continues to find increasing use across multiple business sectors, a lot of patents are being filed for developing unique, new-age blockchain-based systems and applications to get the early mover advantage. Among the companies leading the drive to build blockchain-based applications, Jack Ma's Chinese conglomerate Alibaba Group Holding Inc. ( BABA), along with its affiliate companies, ranks first, with a total of 90 patent filings that are focused on blockchain-related technologies. The leading information technology company, International Business Machines Corp. ( IBM), comes a close second with 89 patent applications.
Mastercard (MA)'s strategy looks set to have a positive impact on its stock price performance. The company is investing heavily in its product offering, while broadening the range of services that it offers. With the overall prospects for the global economy being strong, the stock could therefore offer capital growth potential.
MasterCard Inc.'s ( MA) stock may continue its monster rise. The analysts aren't the only ones that are bullish on the stock. Options traders are also betting the stock rises by more than 5% by the beginning of next year.
Mastercard Incorporated today announced that Michael Miebach, chief product officer, will present at the Deutsche Bank 2018 Technology Conference in Las Vegas on Wednesday, September 12.
TSS vs. MA: Which Stock Is the Better Value Option?
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