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Mastercard (MA) Stock Analysis: Will Mastercard Shares Break Highs?
Mastercard (#MA) stock is trading +1.66% higher since the company announced Q2 earnings this morning. The financial services company reported Q2 Non-GAAP EPS of $1.95 (beats by $0.20) and revenue of $4.5B (+36.4% Y/Y).
Many investors are excited to see revenues of $4.5B because it represents post-pandemic growth from 2020 and topping 2019 revenues of $4.4B. But does the company still have room to grow? Shares are only 2.93% away from all time highs, which leaves many investors wondering if now is the right time to buy #Mastercard stock.
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By Financial MoversMastercard (#MA) stock is trading +1.66% higher since the company announced Q2 earnings this morning. The financial services company reported Q2 Non-GAAP EPS of $1.95 (beats by $0.20) and revenue of $4.5B (+36.4% Y/Y).
Many investors are excited to see revenues of $4.5B because it represents post-pandemic growth from 2020 and topping 2019 revenues of $4.4B. But does the company still have room to grow? Shares are only 2.93% away from all time highs, which leaves many investors wondering if now is the right time to buy #Mastercard stock.