TD Cowen Maintains a Buy on Mastercard Incorporated (MA)

Mastercard Incorporated (NYSE:MA) is one of the best stocks to invest in for beginners. TD Cowen analyst Bryan Bergin maintained a Buy rating on Mastercard Incorporated (NYSE:MA) on August 11, setting a $645.00 price target.

The analyst based the rating on Mastercard Incorporated’s (NYSE:MA) resilience and strategic position in the global payments landscape, stating that the company is capitalizing on the continual digitization of payments.

This is a significant growth driver for Mastercard Incorporated (NYSE:MA), according to the analyst, that the market is not fully appreciating.

The analyst added that Mastercard Incorporated (NYSE:MA) has a diverse growth strategy that is anticipated to support its growth momentum, including its VASS flywheel.

Mastercard Incorporated (NYSE:MA) is a technology company that provides payment solutions for developing and implementing debit, credit, prepaid, commercial, and payment programs via its brands.

Its portfolio includes Mastercard, Cirrus, and Maestro. The company also offers intelligence and cyber solutions.

While we acknowledge the potential of MA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.