Why Mastercard Incorporated (MA) Is Among The Best Mobile Payments Stocks to Buy Now?

Mastercard Incorporated (NYSE:MA) is among the 10 Best Mobile Payments Stocks to Buy Now. Mastercard Incorporated (NYSE:MA) offers specific features that should attract investors’ attention. Firstly, Morningstar analysts believe that a wide moat surrounds the company and consider its place in the existing global electronic payment infrastructure to be virtually impenetrable, regardless of the continuous evolution of the payment market. Secondly, the firm takes advantage of the continuous transition to electronic payments, which should present several opportunities to leverage its wide moat and generate value in the long run.

Why Mastercard Incorporated (MA) Is Among The Best Mobile Payments Stocks to Buy Now?

Globally, digital payments exceeded cash payments only a few years ago, signaling that this trend still has a long way to go. Morningstar experts believe developing markets could provide a further spur of development even if growth in developed countries slows.

Lastly, Mastercard Incorporated (NYSE:MA) functions similarly to a tollbooth and is rarely impacted by smaller changes in the electronic payment market because it charges fees whether a customer uses a credit card, debit card, or mobile device. It is one of the Best Digital Money Stocks.

While we acknowledge the risk and potential of MA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None.