A couple of weeks ago I posted a brief update on Mastercard stock. It always feels incomplete covering one of the payment processing giants without mentioning the other. That means a quick update is also due on Visa (V), which I last covered back in April. For the most part,…
Financials
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Mastercard (MA) stock has surpassed all expectations since I last covered it in April. Back then, shares of the payment processing giant changed hands for around $230 each. They closed out yesterday at just over the $340 per share mark. Call that a near 50% gain in a little under…
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Citigroup (C) released financial results last week. The banking giant last featured on the site back in January, but that pre-COVID article feels totally redundant now. At the time, annual profit generation looked to be somewhere in the region of $17.5B, or $8.50 in per-share terms. We can essentially cut…
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Bank stocks often generate a mixed response from long-term investors. That is typically because they have a nasty propensity to go very quickly from hero to zero. In some cases, that “zero” can be taken literally too. That said, it is hard not to be impressed by the performance of…
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Wells Fargo (WFC) reported 2Q20 financial results earlier this week. The stock has hardly budged an inch since I called it incredibly cheap back in early-May. If you want to see how crazy things have gotten this year then check out a chart of Wells versus electric car maker Tesla.…
