Mastercard reported results today and the results were very positive. I would very much like to include $MA-0.7% or $V+0.1% stock in my portfolio, but both stocks are currently expensive. I would buy $MA-0.7% below $300 and $V+0.1% below $190.
Do you have shares of $MA-0.7% or $V+0.1% in your portfolio and at what prices are you overbought?
Mastercard
MACapital Structure
Market Cap
407.0B
Enterpr. Val.
414.0B
Valuation
P/E
35.1
P/S
15.8
Also great companies for me but as you write, both still at high prices and agree with KnowTrade, with the advent of CBDC currencies it may not be the best for them. I'm not saying they are going out of business at all but that may come into play for example companies that are already more involved with crypto, although yes crypto is not CBDC.
$V+0.1% 💝
MA great, but really expensive at the moment.
I'll wait to see how the cardless payments, i.e. the payments that will frcer banks outside companies like MA, will develop now