MA 全部观点

Visa and Mastercard are among the most dominant financial services companies in the world. What makes it even more special is that they do not compete fiercely with each other.

In fact, the competition between them is so weak that regulators have accused them of colluding with each other.

And then Mastercard, another addition that's outperformed the market this year, up by about 18.14%.

Now this is a very different stock. But Mastercard you're probably somewhat familiar with. If we look at the PE multiple over the last 5 years, the average valuation was around 31.2.

Well, just in the last year, the PE multiple cratered. It went from around 35, close to 36 all the way down to roughly around 23.6 times earnings in June of 2026. There's a lot we could talk about.

We could do plenty of deep dives into Mastercard as I have in the past, but the reality is this company still has some incredible competitive advantages. And the reality is we're going to continue to see more online transactions taking place with the rise of Agentic Commerce and Mastercard is set to benefit.

Whether or not we have more Agentic Commerce, stable coins, these companies are still going to need things like fraud prevention and payment verification. Mastercard already has the infrastructure in place.

So, I think sentiment got way too low on this stock. I added shares of Mastercard and we've seen a bit of a rebound in the short term as the price to earnings multiples climbed higher.

But over the long term, this is still a stock growing earnings at a high rate. So, I expect earnings growth to continue to push this stock higher.

Mastercard. Mastercard big surge up yesterday. Um, we've seen Visa really go back up to the upside, but this is where things get interesting for me. So what we have here and if if I'm doing this correctly, we can see that you have a trend line right through here.

Okay? So notice pivot low from April 2025 to this pivot low here. And you also have a double top. And so what I look for is multiple factors. Now, this is now switching into swing trade mode.

Now swing trade, this actually looks like a reasonable opportunity for a pullback on Mastercard. Um it's vertical. It's gone from about $470 all the way up to 600 in almost a straight line.

It's running into two different trend lines, a horizontal line and a ascending line. And ultimately, you should see some sort of pullback in the near term on Mastercard. So, I like that one as a swing trade.

Pershing Square opened four brand new positions this quarter: Netflix, Visa, Mastercard, and S&P Global.

And what's notable is that each one landed pretty much at 5% of the Pershing Square portfolio. So, this definitely reads as a bit of a rotation into, you know, a cluster of dominant businesses as opposed to Ackman having one big swing this quarter like sometimes he does.

We'll start with uh MasterCard. Now, MasterCard and Visa both popped today, really, really nicely. Uh 3.2% here, 3.3% here. Uh apparently, um Trump uh there was a financial disclosure.

It's a typical thing. Nobody's doing anything wrong. Um that his investment accounts bought millions of dollars of both of these stocks, but this is clear back in June. So, it was finally, "Hey, nice trade, dude."

By the way, hope you got them around 500 cuz they're about 600 now.

Mastercard, which is my second largest position. It's 13% of the portfolio. It's nearly a $200,000 position with around $52,000 in gains. I really bumped up Mastercard a lot during the dip this year.

It's been one of the brighter spots in the portfolio. When I look at Mastercard today, it trades at $595 per share. And the buy target that I set for Mastercard is 450. So to put that in perspective, Mastercard would have to trade down from where it currently is year to date at the 596 all the way down to below the lowest point this year.

So it' have to have a healthy dip. Now again, some of you may say, Joseph, that's never going to happen. You're never going to buy Mastercard at that price. But it could happen.

When you look at companies, they trade around a lot. Some of them drop 20, 30% in a couple of months. Some of them dropped 10% after an earnings report. Companies can trade around a lot in a week's time.

Look how volatile this stock has been over the past 5 years. And this is one of the most stable companies in the world. Yet, we've seen jagged spikes and dips of 20 to 30%. And again, the goal here is to be very strict with this $10,000 to make it only go towards a company that really deserves it, that's really in a meaningful dip.

It is Mastercard ticker symbol MA. So if you take a look at Mastercard for example, few things to understand is to look at the projected growth rate. You can see for the next 5 years it it is projected to grow at 15.65%.

And over the longer term it's projected to grow at 17%.

So, let's take a look at intrinsic value over here. If I go to intrinsic value, you can see again these are all the different methods of valuation which I showed you earlier on and stock oracle automatically values the stock based on all these methods which I mentioned earlier on which is the discounted free cash flow method, the discounted cash flow method, discounted net income, uh mean price to sales, mean price to earnings, mean price to book, price to sales growth ratio, they are all there, all pre-calculated. method for you.

Bill Ackman added four financial stocks. He went heavy into financials like Visa, Mastercard, ICE, and S&P Global. I predicted in this video right here that he would either be adding Meta or Mastercard to his portfolio.

But what's interesting now is we also see that he has indeed added Mastercard to his portfolio.