Investerms
  • Home
  • Top News
  • Investor's Edge
  • The Elite Trader
  • Smart Money
  • Real Estate Guide
  • Practical Retirement
| Advanced search
Market Snapshot
Dow:
Nasdaq:
S&P 500:
10058.64 (+150.25)
2150.87 (+24.82)
1070.52 (+13.78)

Featured Articles
Recover from Losses
Learn how to use a simply stock options strategy to cut your breakeven in half and quickly recoup losses!

How to Recession-Proof
Learn where to invest your money to minimize damage from the impending U.S. recession.

Gauge Stock Momentum
Learn how to determine when your investments have begun to lose steam to sell out before the crowd!

Research Tools
SEC Filings Analysis
Executive Compensation

Home | Top News | MasterCard Charges Ahead

MasterCard Charges Ahead

12 November, 2008 05:49:00 Justin Kuepper
Font size: Decrease font Enlarge font
MasterCard Incorporated (NYSE: MA) shares rose marginally after CNBC's Jim Cramer recommended the stock on his Mad Money program. The hedge fund manager turned television star noted the credit card company's terrific quarter and recommended that shareholders buy the stock on the way down as consumers switch from paper to plastic for their purchases.

MasterCard has fared much better than competitors like Discover Financial Services (NYSE: DFS) because it is solely a credit card processing company and is not responsible for any bad debt - that burden is put squarely on the issuing banks. Instead, the company gets paid through fees from the banks issuing its cards and a percentage of each transaction when merchants accept them. Essentially, MasterCard acts as a gatekeeper - or middleman - through the entire process.

Shares of MasterCard Incorporated rose $0.84, or 0.59%, to $142.34 per share in mid-day trading.
Add to: Add to your del.icio.us del.icio.us | Digg this story Digg
  • email Email to a friend
  • print Print version
  • Plain text Plain text
Tags
No tags for this article
Rate this article
0

  • Top News
  • Investor's Edge
  • The Elite Trader
  • Smart Money
  • Real Estate Guide
  • Practical Retirement
cron Home | Set as homepage | Add to favorites | Rss / Atom | Plain text | Archive

Copyright © 2009 Accelerize New Media Inc. (OTC: ACLZ). All Rights Reserved. Privacy Policy | Dislcaimer | Contact Us
12121 Wilshire Blvd., Suite 322, Los Angeles, CA 90025 1-800-810-8815
 
Close Window

Name: E-Mail:


I agree to Terms and Conditions