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Enter Symbol:
 
Mastercard Incorporated (MA) [hlAlert]

Rating:
Outperform
MA
up 438.87 %

Mastercard Incorporated (MA) upgraded to Outperform by Wachovia

Posted on: Wednesday,  May 20, 2009  8:25 AM ET by Wachovia

Wachovia rated Outperform Mastercard Incorporated (NYSE: MA) on 05/20/2009, when the stock price was $17.45. Since
then, Mastercard Incorporated has gained 438.88% as of 12/31/2016's recent price of $94.05.
If you would have followed this Wachovia's recommendation on MA, you would have gained 438.87% of your investment in 2782 days.

MasterCard Incorporated (MasterCard) is a global payment solutions company that provides a variety of services in support of the credit, debit and related payment programs of over 24,000 financial institutions and other entities that are its customers. Through its three-tiered business model as franchisor, processor and advisor, the Company develops and markets payment solutions, process payment transactions, and provides support services to its customers and, depending upon the service, to merchants and other clients. It manages a family of payment card brands, including MasterCard, MasterCard Electronic, Maestro and Cirrus, which it license to its customers. The Company conducts its business principally through MasterCard Incorporated?s principal operating subsidiary, MasterCard International Incorporated (MasterCard International). In December 2008, it acquired Orbiscom Ltd., a payments solutions software provider for financial institutions.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/20/2009 8:25 AM Buy
None
17.45
as of 12/31/2009
1 Week down  -8.57 %
1 Month down  -3.04 %
3 Months up  15.52 %
1 YTD up  33.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2007 9:25 AM Hold
None
16.13

(*) Stock Price at the time of the recommendation.
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