Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

Zacks Equity Research
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why This 1 Growth Stock Should Be On Your Watchlist

For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

MasterCard (MA)

Founded in 1966 and headquartered in Purchase, NY, Mastercard Inc. is a leading global payment solutions company that provides an array of services in support of credit, debit, mobile, web-based and contactless payments, and other related electronic payment programs to financial institutions and other entities.

MA boasts a Growth Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 13.9% year-over-year for 2023, while Wall Street anticipates its top line to improve by 12.6%.

Eight analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.08 to $12.13 per share. MA boasts an average earnings surprise of 10.9%.

On a historic basis, MasterCard has generated cash flow growth of 14.9%, and is expected to report cash flow expansion of 21.6% this year.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, MA should be on investors' short lists.

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Mastercard Incorporated (MA) : Free Stock Analysis Report

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