MasterCard Incorporated (MA) provides transaction processing and other payment-related products and services in the United States and internationally.
The company facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. It also offers value-added services, such as loyalty and reward programs, and information and consulting services.
In addition, the company offers processing services comprising transaction switching-authorization, clearing, and settlement services; cross-border and domestic processing services; and issuer and acquirer processing solutions, and payment and mobile gateways.
Further, it provides various payment products and solutions for cardholders, merchants, financial institutions, and governments; programs that enable issuers to provide consumers with cards to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid program management services; and commercial payment products and solutions.
Additionally, the company offers products and services to detect, prevent, and respond to fraud and ensure the safety of transactions. MasterCard Incorporated provides payment solutions and services under the MasterCard, Maestro, and Cirrus brands.
Shares have formed a bullish "cup and handle" and are now have broken out of this formation ahead of the company's earnings results on October 29th. Higher share prices are expected for this stock.
52-Weeks Trading Range: $73.76 - $99.86
Entry Point: $99.50
Stop Loss: $94.75
Target Price: $109.75
MA closed at $98.30 after its 30 days expired.