MasterCard: Is the Optimism Justified? [View article]
"the current price still discounts a robust view of the company’s earnings power."
ur kidding right. With a PE of 15-17 it is trading more like an established cyclical then a growth stock.
i'm not saying it is going to rally, many stocks will be range bound, including MA. But to ignore MA's flexibility to reduce costs, and to call it expensive with a trailing PE of 15-17 as it continues to beat est. is simply wrong. ur analysis is overlooking these two key points which caused it to spike up 18% yesterday.
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"the current price still discounts a robust view of the company’s earnings power."
Nov 05 09:38 am
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All Comments by Echo To All »MasterCard: Is the Optimism Justified? [View article]
ur kidding right. With a PE of 15-17 it is trading more like an established cyclical then a growth stock.
i'm not saying it is going to rally, many stocks will be range bound, including MA. But to ignore MA's flexibility to reduce costs, and to call it expensive with a trailing PE of 15-17 as it continues to beat est. is simply wrong. ur analysis is overlooking these two key points which caused it to spike up 18% yesterday.