15 Best Blue Chip Stocks to Buy According to Billionaires

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12. Mastercard Incorporated (NYSE:MA)

Number of Billionaire Investors: 22

Number of Hedge Fund Holders: 151

Mastercard Incorporated (NYSE:MA) is a technology company that provides payment solutions for developing and implementing debit, credit, prepaid, commercial, and payment programs via its brands. Its portfolio includes Mastercard, Cirrus, and Maestro. The company also offers intelligence and cyber solutions.

Mastercard Incorporated (NYSE:MA) processed transactions worth $9.8 trillion in 2024, atop a 10% growth in transaction value in 2023. It also experienced a 12% rise in its value of transactions in 2022, highlighting the company’s continued growth numbers and one of the reasons behind positive analyst sentiment.

While a potential recession may dip Mastercard Incorporated’s (NYSE:MA) transaction volume, experts estimate it to be a temporary circumstance. The company has strong operations, with net revenues in fiscal Q4 2024 showing a 16% growth. Adjusted net income also rose 19% versus a year ago on a non-GAAP currency-neutral basis, supported by the company’s diverse capabilities in payments, services, and solutions. The acquisition of Recorded Future in the quarter also supported the company’s operations, positioning it for long-term growth. Mastercard Incorporated (NYSE:MA) is the 12th best blue chip stock to buy according to billionaires.

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