MasterCard Stock Is A Buy, But Is It A Better Buy Than Its Card Peers?
Mastercard‘s (NYSE:MA) battle with long-time archrival Visa (NYSE:V) continues, with a win in the bidding for fintech firm Transfast. Coming in the wake of losing out in an effort to purchase a similar company, cross-border payments network provider Earthport, MA stock investors can be confident the payments processor is doing all it can to remain competitive. In this industry, investors should not ask if they should buy Mastercard stock; they should find out if it or one of its peers would bring more profit? With MasterCard buying Transfast and Visa presumably winning the bidding war to acquire Earthport, both firms get better access to bank accounts and ACH networks globally.