Mastercard Q1: Competition Makes This A Big Quarter

Summary:

  • Mastercard is a hold going into earnings, but could become a buy if it exceeds expectations.
  • U.S. consumer spending has been strong, benefiting the entire card sector.
  • Mastercard faces risks from interchange fees, competition from other payment technologies, and regulatory challenges.

Mastercard Credit Card

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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


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Noah Cox (account author) is the Managing partner of Noah’s Arc Capital Management. His views in this article are not necessarily reflective of the firms. Nothing contained in this note is intended as investment advice. It is solely for informational purposes. Invest at your own risk.

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