Is Mastercard's Stock Pullback a Green Light for Growth Investors?
In 2024, Mastercard processed $9.8 trillion worth of transactions, an 11% increase from 2023. In 2023, transaction value increased 10%. And in 2022, the value of transactions increased 12%. These are impressive growth numbers, and it highlights why investors like Mastercard stock. Mastercard (MA -3.04%) is an industry-leading payment processor that is growing strongly as cash is replaced by cards. The shares have been rising steadily, more than doubling during the past five years. There's just one problem: ...