Mastercard Incorporated (NYSE:MA) is one of the stocks in focus in the game plan Jim Cramer shared. Cramer expects the company to report an “enviable quarter.” He remarked:
“Thursday morning, we’ve got another company that should report an enviable quarter, and that is MasterCard. You can put this one on auto. MasterCard’s going to be great. I mean, it’s like I saw it, the script, in my sleep.”
cardmapr-nl-5x7Zl8QXFvg-unsplash.jpg
Mastercard Incorporated (NYSE:MA) provides global payment processing and financial technology solutions. The company offers credit, debit, and prepaid products, cross-border and digital payment services, and security and analytics tools. Cramer mentioned the company during the June 27 episode and said:
“Okay, this is a very hard question because Visa and MasterCard are valued much more highly, I think, than American Express in terms of PE multiple. I want American Express of these three, and I’ll tell you why. I think America’s Express has got this younger demographic that is really exciting and not really built into the price-to-earnings multiple. That said, look, these are all great companies… I met with Mastercard’s management this week. I talked with Visa’s management. You’re not going to go wrong owning any one of these companies. They’re three of the best companies in America.”
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.