13 Best Blue Chip Stocks to Buy According to Analysts

8. Mastercard Incorporated (NYSE:MA)

Stock Upside Potential as of July 1: 13.70%

Number of Hedge Fund Holders: 155

Mastercard Incorporated (NYSE:MA) is one of the 13 best blue-chip stocks to buy according to analysts. On June 27, Argentina-based fintech startup Tapi announced its acquisition of the bill payment and cash-handling divisions of Arcus, a Mastercard-owned company, expanding its footprint in the Mexican market.

The acquisition will give Tapi access to a vast network of cash-in and cash-out locations across Mexico. The acquisition will also enable the company to expand its digitization efforts in a market with growing fintech adoption.

Tapi expects the expansion to allow them to process more than 270 million transactions in Latin America by year-end. Mastercard, Arcu’s parent company, will retain the brand and payment processing and reconciliation technologies through Mexico’s real-time interbank network.

Mastercard Incorporated (NYSE:MA) is a financial technology company focused on the payments industry. It facilitates electronic funds transfers (EFTs) through its network, enabling transactions using branded debit, credit, and prepaid cards.