Where Will Mastercard Stock Be in 3 Years?

Over the past three years, Mastercard's (NYSE: MA) stock has rallied by more than 40% as the S&P 500 advanced by about 25%. The payment processing giant impressed investors with its robust growth, wide moat, and resistance to economic headwinds.But will it keep rising over the next three years?Mastercard and Visa are the two largest card payment processing companies in the world, but neither of them issues any cards. Instead, they both partner with financial institutions to issue co-branded cards, and those partners actually handle the accounts and shoulder all the risk involved with lending money to cardholders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool