Here’s Why Mastercard Is a Lucrative Stock for Investors

A booming U.S. economy, low unemployment, wage gains, increase in retail spending paints a perfect growth-boosting picture for Mastercard Inc. ( MA – Free Report ) . Apart from a strong macro economy, the shift in payment habits from cash and checks to the usage of electronic channel and cards have greatly benefitted this stock.
Following a solid first-quarter 2018, the company lifted its earnings guidance on the back of a flourishing U.S economy. It now expects year-over-year revenue growth in …

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