NRPICKS_

BUY $MA - NRPicks Ene 17

Long
NYSE:MA   MASTERCARD INCORPORATED
Mastercard is the second largest payment processor in the world and processed $4.8 billion in purchase transactions in 2019. Mastercard operates in over 200 countries and processes transactions in more than 150 currencies.
The COVID-19 has affected many companies and Mastercard has been no exception, however, it only reduced its sales by 10%. The company as well as its biggest competitors (Visa and Paypal) have developed and expanded their brand all over the world. Operationally the company maintains an average level of debt compared to its competitors and will have no problem meeting its financial obligations.

Fundamentals:
- Growth
- 18.7% estimated growth in net earnings for the next 3 years
- ROE 255% VS 13.6% industry

Technicians:
- Price level below SMA 250-200-150
- Williams R% at -89% levels
- RSI (24) Overbooking
-8% average upside during the month

A correction of 9% was presented from December 8 to January 15, which stopped at a support of $322. At this point, we expect the stock to show a change in trend as the 322 level has been respected several times during the year. Finally, Technical Indicators like SMA , Williams R% and RSI show us buy opportunity.

Comments

Excellent analysis ... (regardless of what happened as of now 1/29/2021 vs your analysis on 1/17/2021), the analysis is very strong and well done.
Reply
Risky. Look at the previous Earnings point. It started to drop two weeks earlier. The same goes to the current situation. There' s nothing to stop it from going down to the same level. Better choice would be to wait for now.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out