5 Best Big Company Stocks to Buy

In this article, we discuss the 5 best big company stocks to buy. To read the latest news and analysts’ sentiments around current economic conditions, go directly to the 13 Best Big Company Stocks to Buy.

5. Mastercard Incorporated (NYSE:MA)

Mastercard Incorporated (NYSE:MA) is one of the largest payment technology companies in the world and offers various payment processing services all over the globe.

On February 6, Mastercard Incorporated (NYSE:MA) declared a quarterly dividend of $0.66, which is payable by May 9 to the shareholders of record on April 9. The stock’s dividend yield was 0.58% at the time of writing on February 9.

On January 31, Mastercard Incorporated (NYSE:MA) reported its Q4 earnings result with a non-GAAP EPS of $3.18, topping the analysts’ estimates by $0.10. The revenue of $6.5 billion increased by 13% year-over-year (YoY), which beat the estimates by $20 million.

Ensemble Capital Management commented on Mastercard Incorporated (NYSE:MA) in its fourth quarter 2023 investor letter. Here is what it said:

“Mastercard Incorporated (NYSE:MA) (7.21% weight in the Fund): Payment companies are data companies. As we discussed last quarter in our write up of Mastercard, merchants can generate significant value from analyzing payment data to better understand their customers. Mastercard has long built AI-based products to enhance payment security and provide merchants with rich data analytics. In December, they rolled out Muse, a new online shopping companion that merchants who utilize certain Mastercard services can install on their own websites.

Muse seeks to replicate the instore experience of working with a salesclerk by allowing the customer to use natural language to browse products. Online shopping already works well if you know exactly what you are looking for, but Muse is striving to help customers find things to buy even when they aren’t sure what they are looking for.

Mastercard (7.21% weight in the Fund): In late October, Mastercard reported earnings that investors interpreted as pointing to a near term slowdown in payment growth. The stock fell 5.6% on the day. By the end of the next week, the stock had recovered its losses and went on to reach a new all time high on the last day of the year. But the 7.9% gain on the quarter slightly trailed the S&P 500.”