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Actionable news in MA: MASTERCARD INCORPORATED,

Check Out MasterCard Despite Its Pricey Stock

MasterCard (MA - Get Report) , the world's second-largest credit and debit card company, will report third-quarter fiscal 2015 earnings results before the opening bell Thursday. Investors should consider MasterCard if they are looking for a stock poised to outperform the market in the next 12 to 18 months, owing to strong earnings growth.

With shares trading at around $98 -- up 14% in 2015 and 33% in the past 12 months -- MasterCard stock is not cheap. Its price-to-earnings ratio of 30 is nine points higher than that of the S&P 500 (SPX) index. Nonetheless, like its larger competitor Visa (V - Get Report) , which is priced at a P/E of 32, MasterCard shares are priced for growth. And that's exactly what the Purchase, N.Y.-based company has delivered and...


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