5 High Growth High Margin Stocks to Buy

In this article, we will take a look at the 5 high growth high margin stocks to buy. To read our analysis of the recent trends, and market activity, you can go to the 12 High Growth High Margin Stocks to Buy.

5. Mastercard Inc (NYSE:MA)

EPS Next 5 Year Ratio According to FINVIZ.com: 20.84%

Profit Margin According to FINVIZ.com: 44.81%

Number of Hedge Fund Holders: 140

Mastercard Inc (NYSE:MA) is a global technology company focused on the payments industry that connects consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations worldwide, enabling them to use electronic forms of payment instead of cash and checks.

On October 26, Mastercard Inc (NYSE:MA) released its financial results for Q2 2023. Its net revenue increased by 14% y-o-y to $6.5 billion, while its net earnings increased by 28% y-o-y to $3.2 billion. It reported an EPS of $3.39 which surpassed the consensus by $0.16.

Following the earnings release, BMO Capital analyst James Fotheringham lowered the price target to $472 from $488 and maintained an ‘Outperform’ rating.

As of Q3 2023, 140 hedge funds held shares in Mastercard Inc (NYSE:MA), valued at $15.3 billion. Charles Akre’s Akre Capital Management was the largest shareholder on record with ownership of 5.9 million shares valued at $2.3 billion.

Like other stocks such as Booking Holdings Inc. (NASDAQ:BKNG), Alphabet Inc. (NASDAQ:GOOGL), and Microsoft Corporation (NASDAQ:MSFT), Mastercard Incorporated (NYSE:MA) is among the 12 high growth high margin stocks to buy.