Mastercard Q1: Competition Makes This A Big Quarter

jbk_photography Investment Thesis Heading into earnings on May 1st, I believe Mastercard (NYSE:MA) is a hold. Despite this period being a traditionally weaker one for the payments processor, the company has historically been capable of surpassing Wall Street's earnings expectations, meaning I could move to a buy if the company exceeds expectations early next month. U.S. consumer spending has exhibited surprising resilience so far this year, as indicated by recent economic data. In particular, retail sal ...