MasterCard Incorporated (MA): Today's Featured Financial Services Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole was unchanged today. By the end of trading, MasterCard Incorporated fell $10.93 (-1.8%) to $615.18 on average volume. Throughout the day, 582,653 shares of MasterCard Incorporated exchanged hands as compared to its average daily volume of 683,300 shares. The stock ranged in price between $614.54-$625.75 after having opened the day at $625.75 as compared to the previous trading day's close of $626.11. Other companies within the Financial Services industry that declined today were:
(
), down 17.0%,
Security National Financial Corporation
(
), down 4.4%,
ProShares UltraShort DJ-UBS Commodity
(
), down 3.8% and
PowerShares DB Multi-Sector Commodity Tr
(
), down 3.3%.
MasterCard Incorporated, together with its subsidiaries, provides transaction processing and other payment-related services in the United States and internationally. MasterCard Incorporated has a market cap of $72.0 billion and is part of the financial sector. Shares are up 27.4% year to date as of the close of trading on Friday. Currently there are 18 analysts that rate MasterCard Incorporated a buy, no analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
MasterCard Incorporated
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full MasterCard Incorporated Ratings Report.
On the positive front,
RBS Oil Trendpilot Exchange Traded Notes
(
), up 11.9%,
Millennium India Acquisition Corporation
(
), up 9.8%,
(
), up 9.0% and
(
), up 8.9%.
- Use our financial services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
(
) while those bearish on the financial services industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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