Mastercard saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 93 the day before.
Looking For The Best Stocks To Buy And Watch? Start Here
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The top-performing stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Mastercard is currently forming a consolidation, with a 582.23 buy point. Look for the stock to break out in heavy trade at least 40% higher than normal.
The stock earns a 93 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 93% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
The company reported a 13% earnings-per-share gain for Q1. Sales were flat, matching the prior report's 14%.
Mastercard holds the No. 3 rank among its peers in the Finance-Card/Payment Processing industry group. Paymentus Holdings is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
