Mastercard: Exciting Opportunity To Purchase Compounder At A Discount
Mastercard(MA) Seeking Alpha·2024-04-07 13:18
jir Introduction Mastercard (NYSE:MA) is the world's second largest payments network behind its rival Visa (V). Mastercard has near universal merchant acceptance with over 100 million acceptance locations globally. The firm is the consummate compounding stock, with a ten-year total return CAGR of 21.5%. The firm's core payment network growth has slowed to a high-single digit range, but I expect the firm's complementary value-added services business to help maintain a double digit pace of growth for the next ...