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HSD – Mastercard $MA

Hot stock of the day today was Mastercard (MA). While Mastercard may seem expensive. Most bros still see this company doing quite well, with them currently trading at a discount when comparing current PE to forward earnings.

All bros want their new phone, new TV, new gadget, new clothes, etc. With more and more spending on credit cards it’s only fitting that this would be a solid call. With consumer credit hitting an alltime high and coming up a hair over 6.0% growth from a year ago.

Mastercard just announced a 83% boost to their dividend, a $3.5 billion buyback, and a 10 for 1 stock split, in order to return more money to shareholders.

Mastercard

Disclaimer: I currently do not hold the above mentioned investment. I am not looking to add to a position in the above mentioned investment, within the next 30 days. I am not looking to take a short position in the above mentioned investment within the next 30 days.

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