MasterCard Incorporated (MA): Today's Featured Financial Services Winner

MasterCard Incorporated ( MA) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.7%. By the end of trading, MasterCard Incorporated rose $8.71 (1.5%) to $583.21 on average volume. Throughout the day, 849,105 shares of MasterCard Incorporated exchanged hands as compared to its average daily volume of 578,600 shares. The stock ranged in a price between $577.55-$590.00 after having opened the day at $578.61 as compared to the previous trading day's close of $574.50. Other companies within the Financial Services industry that increased today were: Federal Agricultural Mortgage ( AGM.A), up 18.0%, JMP Group ( JMP), up 6.9%, CorEnergy Infrastructure ( CORR), up 6.8% and US Global Investors ( GROW), up 6.6%.

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 $66.7 billion and is part of the financial sector. The company has a P/E ratio of 25.2, above the S&P 500 P/E ratio of 17.7. Shares are up 16.9% year to date as of the close of trading on Friday. Currently there are 20 analysts that rate MasterCard Incorporated a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates MasterCard Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, CIFC ( CIFC), down 5.0%, Palmetto ( PLMT), down 4.5%, Mesa Royalty ( MTR), down 3.9% and Consumer Portfolio Services ( CPSS), down 3.3% , were all laggards within the financial services industry with Affiliated Managers Group ( AMG) being today's financial services industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

5 Awesome Stock Picks That Will Survive a Choppy Market

5 Awesome Stock Picks That Will Survive a Choppy Market

Jim Cramer: Round Up the Usual Suspects

Jim Cramer: Round Up the Usual Suspects

Mastercard: Keep It in Your Wallet or Cut It In Half?

Mastercard: Keep It in Your Wallet or Cut It In Half?

Practice Discipline With Your Visa

Practice Discipline With Your Visa

Cramer: These Stocks Are on a Mission Right Now

Cramer: These Stocks Are on a Mission Right Now