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Jun
02
Mastercard: Just my 2 cents
Filed Under (Finance, Stock Charts) by admin on 02-06-2008

The price movement of MA and V have been similar since Visa’s IPO. Both these companies have common upsides such as the fact that they are not exposed to the recent credit crunch as member banks provide the credit. However, I think Mastercard’s prospects are better than Visa’s. Mastercard has a lot lower PE ratio than Visa and earns more of its revenues from abroad.

Check out the chart, it is bullish as well.

Mastercard

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Comments

Chris G. Pflum on 3 June, 2008 at 8:41 pm #

Overall, I agree that the MA chart is bullish, but you failed to mention that the stock is due for a correction as suggested by RSI.


admin on 3 June, 2008 at 9:43 pm #

Yes Chris you are right but the RSI is currently under 70 now meaning it isn’t overbought


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