"Magnificent Seven" stocks like Microsoft and Amazon may still trade at or near all-time highs, but you may want to diversify your megacap positions. The "Mag Seven" may have surged thanks to the artificial intelligence (AI) boom, but their future success hinges heavily on AI spending.
There's nothing wrong with being bullish on the AI megatrend, but consider spreading your wagers elsewhere, to other high-growth opportunities. Take, for instance, another trend that isn't slowing down: the digitalization of payments. With this trend, one stock in particular fits the bill: Mastercard (NYSE: MA).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Mastercard may be synonymous with credit cards, but neither Mastercard nor its competitor Visa (NYSE: V) issues payment cards. Banks issue the cards but use the companies' respective payment networks to operate them.
In other words, payment stocks like Mastercard don't carry consumer credit risk like bank stocks. Think of Mastercard and similar names as the midstream names among financial stocks: middlemen that collect a small fee on every card swipe or digital payment transaction processed through their networks.
#stocks #like #seven
There's nothing wrong with being bullish on the AI megatrend, but consider spreading your wagers elsewhere, to other high-growth opportunities. Take, for instance, another trend that isn't slowing down: the digitalization of payments. With this trend, one stock in particular fits the bill: Mastercard (NYSE: MA).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Mastercard may be synonymous with credit cards, but neither Mastercard nor its competitor Visa (NYSE: V) issues payment cards. Banks issue the cards but use the companies' respective payment networks to operate them.
In other words, payment stocks like Mastercard don't carry consumer credit risk like bank stocks. Think of Mastercard and similar names as the midstream names among financial stocks: middlemen that collect a small fee on every card swipe or digital payment transaction processed through their networks.
#stocks #like #seven
2 months ago
