Mastercard Fights the Financial Slump

Here’s another point in the case for good stock-picking. While the financial sector has been getting clobbered in recent years, not all financials are in trouble.

Here’s a look at Mastercard‘s ($MA) performance against the Financial Sector ETF ($XLF).

The stock is up 60% for the year and at a new 52-week high. However, it may be getting too pricey. Mastercard is now going for more than 20 times this year’s estimated earnings.

Posted by on September 20th, 2011 at 12:40 pm


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