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Visa and Mastercard may cross the 1 trillion mark

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Visa Vs Mastercard: Best Dividend Growth Stock To BUY NOW! Stock Battle Description video: Visa Vs Mastercard: Best Dividend Growth Stock To BUY NOW! Stock Battle\n\nStock Battle: Visa Vs Mastercard – Which is the best Growth/Dividend stock right now! Every […]

Visa Vs Mastercard: Best Dividend Growth Stock To BUY NOW! Stock Battle

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Visa Vs Mastercard: Best Dividend Growth Stock To BUY NOW! Stock Battle\n\nStock Battle: Visa Vs Mastercard – Which is the best Growth/Dividend stock right now! Every Saturday, we do a stock battle between two direct competitors and compare key financial metrics of the companies! This quick battle gives a short comparison of the two companies and may help determine which one would be the best addition to your portfolio!\n\nComment down below two stocks you want to see in next weeks battle!\n\nSubscribe For Daily Stock Videos: https://bit.ly/2ulEGxL\n\nCheck Out These Other Investing Videos:\n – Best Dividend ETF’s To BUY NOW: https://youtu.be/SbX4VpAC9RE\n – Insane Dividend Growth Stocks: https://youtu.be/QJT4JhOl9VQ\n – Best Electric Vehicle Stocks Right NOW: https://youtu.be/_aw3KpuARFM\n – HUGE High Growth ETF: https://youtu.be/aHxJOm2Xof4\n\nAlways do your own research and speak with a qualified professional before making any investment decisions! I am not a financial advisor and I am not making any investment recommendations. These videos are for entertainment purposes only!

Visa and Mastercard may cross the 1 trillion mark

Tech and internet giants were the first to hit $ 1 trillion in value in the stock market. Visa and Mastercard can join them next.

Soaring prices of their shares push credit and debit card makers up the market value scale, where they currently rank 7th and 11th in the benchmark S index&P 500. Their stock quotes have increased by about 50% over the past year.

If the average annual revenues of the aforementioned companies continue to grow, then by 2023 they will be worth more than $ 1 trillion, outstripping market participants such as Facebook and Berkshire Hathaway (assuming that they will also maintain their current pace).

The growth in income of the largest payment systems is due to a shift towards non-cash financial transactions and the popularity of online shopping.

The market value of Visa was $ 449 billion, and Mastercard – $ 324 billion at the close of the last trading.. The Trillionaire Club currently includes Apple, Microsoft and Google.

Amazon.com is at $ 927 billion. It is worth noting that the shares of the e-commerce leader jumped following the earnings report, pushing its market value to $ 1 trillion. Recall that in September 2018, the organization managed to overcome this threshold.

Analysts estimate that around 43% of consumer purchases worldwide, excluding China, are made using digital form of payment, up from 28% in 2010.

Visa has 60% of the credit and debit card market, followed by Mastercard with 30%. American Express covers only 8.5% of the industry.

Despite their importance in finance, Visa and Mastercard belong to the S category&P 500. 

Visa and Mastercard may cross the 1 trillion mark

An efficient rally for Visa and Mastercard stocks came during the more than 10-year US bull market. However now securities slowed down active growth amid fears about the spread of coronavirus from China.