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.
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.