Mastercard

Market Wrap-Up for Feb.4 (AET, WY, MA, K, SPG, AVB, more)

Talk about a confusing jobs number this morning! The estimates were for 150K new jobs, but instead the number came in at 36K. Yet the unemployment rate fell from 9.5% to 9%. Now I consider myself to be pretty good at math, but what formula was used to come up with these results? The market certainly didn’t have any trouble with the number as an afternoon rally pushed up to finish higher on the day. Aetna ( AET ) and Weyerhaeuser ( WY ) received some love from buyers following earnings results. Aetna also raised their dividend payout from $.05 to $.60 on an annualized basis. That’s certainly a bit more of respectable payout from this health insurance giant. Mastercard ( MA ) and Kellogg ( K ) continued to see upside from yesterday’s earnings results as well. On the downside today were REITs following results that failed to excite investors. Simon Property Group ( SPG ) and AvalonBay Communities ( AVB ) paced the way lower. Be sure to check out the list of 10 dividend stocks we removed from our recommended list if you did not read the e-mail alert that we sent out earlier. As I mentioned yesterday, I am just starting my preparation for national radio interviews for my upcoming Be a Dividend Millionaire book as well as discussions on dividend investing, and of course Dividend.com. Yesterday afternoon, I had my initial interview with my media team. The process is to identify key areas of discussion for my future interviews as well as pointers to make the interviews as captivating as possible. I’m not sure how long the interviews will be, so you need to have game plans to hit all your key points in whatever time is allotted. One of the people I was working with yesterday afternoon is a baby boomer who is worried about not having enough income built up for her retirement. What I did was point her to our Compounding Interest Calculator , and by the end of the call, she said I’d inspired her and given her hope! Think about this example: you are just about to turn 50 years old and have not yet saved a dime (it’s quite common – check out the data below that was just released by the Harris Poll just yesterday). Believe it or not, even at 50, you still…

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MasterCard’s Target, Estimates Raised at Goldman Sachs (MA)

Credit card issuer MasterCard Incorporated ( MA ) on Friday saw its price target and earnings estimates raised by analysts at Goldman Sachs. The firm said it now expects MA shares to reach $273, which implies an 11% upside to the stock’s Thursday closing price of $245.39. Goldman also said it maintained its “Buy” rating on MA an raised its earnings estimates, citing the company’s strong sales momentum. MasterCard shares pulled back slightly in premarket trading Friday. The Bottom Line Shares of Mastercard ( MA ) have a .24% dividend yield, based on last night’s closing stock price of $245.39. The stock has technical support in the $230 price area. If the shares can firm up, we see overhead resistance around the $250 price level. MasterCard Incorporated ( MA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Good News for Credit Card Issuers? Holiday Spending Jumps 5.5% (V, MA)

Filed in dividend, Gold Investing, Mastercard, o, recession, shares by on December 29, 2010 0 Comments

According to a report from MasterCard Advisors’ SpendingPulse late Tuesday, holiday retail sales from Nov. 5 through Dec. 24 rose 5.5% from last year — which could be good news for retailers and credit card companies alike. That gain was better than last year’s 4.1% rise in sales. In total, holiday shopping for 2010 amounted $584 billion, including Internet sales. This news could bode well for both retailers and credit card issuers like Visa Inc. ( V ) and MasterCard Incorporated ( MA ), who’ve been hurt by the economic recession as consumers have reigned in their spending. Visa and MasterCard shares were mostly flat in premarket trading Wednesday. The Bottom Line Shares of Visa ( V ) have a .85% dividend yield, based on last night’s closing stock price of $70.73. Shares of Mastercard ( MA ) have a .27% dividend yield, based on last night’s closing stock price of $224.52. Visa Inc. ( V ) and MasterCard Incorporated ( MA ) are both rated “Neutral,” holding a Dividend.com DARS™ Ratings of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for Dec.27 (AEM, GOLD, MA, V, HRB, more)

Filed in dividend, Gold, Gold Investment, hsbc, Mastercard, o, randgold, ubs by on December 27, 2010 0 Comments

We woke up on the East Coast to 20 inches plus of snow this morning. Couple that with a vacation week for many and the recipe for a roller-coaster day was in place. Volume finished about 40% lower than we have been seeing of late. The last week of the year is when I would like investors to really give their portfolio a thorough check-up to see if any weeds may have over-grown. If you use my down 25% rule to start giving serious consideration to trimming a position, you should not ever have to see big losses in your portfolio. It’s one thing if the market is down everywhere, but if that is not the case and you have a stock that is down over 25%, this is certainly a sign to pay attention to. It is not easy for investors to sell, but it is a discipline that one needs to have, even with dividend-paying stocks. I have been following many of the 2011 predictions that have been coming out from various pundits and they go from the ultra-bearish to the ultra-bullish. It is fun to read these predictions, but remember that they are only that. Some pundits will be pretty accurate and some will be well-off. Be sure to check out the video Tom and I did this past Thursday, where we chime in ourselves with what we can possibly expect to see as 2011 nears. I wanted to share with everyone that may not have heard of something called the “rule of 72″. This is great for dividend investors to know as they try and figure out how quickly your money can double. Basically take the annual percentage return – let’s say the stock’s price and dividend increases 12% combined in a year, you would divide 12 into 72. That means your investment in that particular stock would double in 6 years. If it returns 6% per year, it would take 12 years to double. Keep this in mind as you look to build long-term income and wealth. Looking at today’s market, we had traders looking for anything that was moving and “rare earth” stocks (MCP, REE) are continuing to attract their attention. Commodity plays have been a favorite for active investors, so long-term positions in the sector need to be evaluated carefully. Gold-mining plays continue to have me concerned. Looking at the stock price action in RandGold Resources ( GOLD ) and Agnico-Eagle Mines ( AEM ) has me worried that the crowded gold trade could be taking on water soon. …

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Market Wrap-Up for Dec.20 (AXP, BEN, CHK, CNX, CLF, FCX, more)

The market dragged a bit today following an early up open. We only have three trading days left this week, with the markets closing Friday in observation of Christmas Day. Chesapeake Energy ( CHK ) jumped higher on news Carl Icahn is looking to shake things up with the company. Speaking of energy, Consol Energy ( CNX ) was up following an analyst upgrade this morning. Also trading higher were fellow commodity plays Cliffs Natural Resources ( CLF ) and Freeport McMoran ( FCX ). On the flipside, Wall Street analysts were a bit negative today when it came to financial plays American Express ( AXP ) and Franklin Resources ( BEN ). Brokerage firm Stifel Nicolaus sees a reduction in debit-card swipe fees also affecting AXP, in addition to Mastercard ( MA ) and Visa ( V ), which both were hit hard late last week on the potential regulation. I was checking out some data from the Labor Department today, reporting job openings at U.S. workplaces rose to 3.4 million in October, up from 3 million in September. Let’s hope this trend continues in the right direction. One of the things that could hold someone back from the new job openings is the required

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American Express Cut to “Hold” at Stifel Nicolaus (AXP)

Filed in dividend, downgrade, Gold Investing, Mastercard, o, revenue, shares by on December 20, 2010 0 Comments

Credit card issuer American Express Company ( AXP ) on Monday caught a downgrade from analysts at Stifel Nicolaus, amid new proposed legislation that could limit credit card companies’ debit card revenue. The firm cut its rating on AXP from “Buy” to “Hold,” noting that although competitors Visa ( V ) and MasterCard ( MA ) will face the brunt of the attack, the move could “significantly increase pressure on higher-cost payments alternatives like AmEx.” The analyst also warned that credit card interchange fees will eventually be the next item for legislators to tackle. American Express shares fell 51 cents, or -1.2%, in premarket trading Monday. The Bottom Line Shares of American Express ( AXP ) have a 1.64% dividend yield, based on Friday’s closing stock price of $44.01. The stock has technical support in the $40-$42 price area. If the shares can firm up, we see overhead resistance around the $46-$48 price levels. American Express Company ( AXP ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Dividend Stock Leaders for the Week of Dec.13-17 (JOYG, ACN, BBY, MA, V, more)

Filed in best buy, dividend, Gold Investing, Gold Investment, Mastercard, o by on December 18, 2010 0 Comments

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Dividend Yield C.R. Bard Inc. ( BCR ) $95.72 +10.61% 0.75% Accenture Ltd. ( ACN ) $50.32 +10.21% 1.79% U.S. Steel ( X ) $58.90 +9.87% 0.34% Joy Global Inc. ( JOYG ) $85.55 +8.18% 0.82% Novartis Ag ( NVS ) $58.74 +7.33% 2.91% Bank Of Montreal ( BMO ) $57.26 -6.42% 4.87% Agnico-Eagle Mines ( AEM ) $75.66 -8.77% 0.85% Sanderson Farms Inc. ( SAFM ) $39.04 -10.38% 1.74% Mastercard Incorporated ( MA ) $221.26 -13.15% 0.27% Visa Inc ( V ) $66.90 -16.58% 0.90% Best Buy Co. Inc. ( BBY ) $34.27 -18.01% 1.75% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for Dec.17 (BMO, MI, ACN, ORCL, MA, V, more)

We’re happy to announce our new Dividend ETFs section on our site today! We want to bring our subscribers a roster of ETF options for anyone considering a bit more diversification and exposure to international markets. We do not currently rate the ETFs, but do give readers the trend direction to follow. The data will be updated each day, so be sure to check it out. Also, Tom and I just wrapped up our “Top 3 Market Themes of the Week” video , so be sure to give it a look. Lots of good stuff! Some good news came out this morning for investors, as it appears the Bush tax cuts are well on their way (as we figured they would). This is one less worry for the markets at this point, but with the upward price action we have seen the last 19 months or so, any worries have been easily handled by investors. At some point this could change and it would mean the investing climate could get trickier. We’ll be sure to keep readers posted as to when we see the potential danger signs. We swapped two new names on to our recommended list this morning, while removing two previous recommendations. Be sure to check out the post if you did not read the e-mail alert we sent out this morning. Interesting news out today from Bank of Montreal ( BMO ), which is looking to acquire former TARP recipient Marshall & Ilsley ( MI ). It is a bit of a strange move for the Canadian banking play to want to buy one of the more struggling bank plays, with other banking companies in the same market cap range that are acting better from a stock price performance standpoint. Investors are none too happy, with BMO shares finishing down 7%. On the earnings front, investors cheered results from Oracle Corp ( ORCL ) and Accenture ( ACN ). These former recommendations are still on our radar and we are watching both stocks closely. Some investors were surprised there was no rebound today for credit card plays MasterCard ( MA ) and Visa ( V ) following yesterday’s big drop on debit card fee concerns. Looking ahead to next week, earnings will continue to be light, with notables such as Darden Restaurants ( DRI ), Nike ( NKE ) and Walgreen Co. ( WAG ) set to report. Be sure to catch up with our latest watchlist updates, including the new

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Regulatory Effects Could Overhang Visa Shares (V, MA)

Filed in dividend, Gold, Gold Bullion prices, goldman sachs, Mastercard, o, shares, target by on December 17, 2010 0 Comments

Goldman Sachs has removed Visa ( V ) from its Conviction Buy List, citing regulatory overhang. Goldman Sachs believes yesterday’s big drop in shares may have been overdone, but cites near-term uncertainty on signature exclusivity will keep the wall of worry on companies like Visa ( V ) and Mastercard ( MA ) in place until the final rules are made available in April 2011. The firm retains a Buy rating on Visa shares as well as a $93 price target. Visa shares are rebounding 2% in the pre-market. The Bottom Line Shares of Visa ( V ) have a .88% dividend yield, based on last night’s closing stock price of $67.19. The stock has near-term technical support in the $60-$66 price area. If the shares can begin to rebound, we see overhead resistance around the $70-$75 price levels. Visa ( V ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for Dec.16 (FDX, ABX, DFS, V, MA, WYNN, SBUX, more)

There was an interesting story out today talking about how Bill Gross’s $250 billion PIMCO Total Return Fund may be investing 10% of its assets in equity securities in 2011 — and has seemingly turned a lackluster market right back up. Gross, the so-called “bond king,” has grown much less bullish on bonds, but has been on record in some of his recent newsletters that he likes income plays such as dividend stocks for long-term investors. We sent out our Thursday “Dividend Top 100 Names on Our Watchlist” post this morning. Each Thursday we look at our various proprietary watchlists and sort through the names that are trading at or near all-time highs and put them in a list to share with all our Premium subscribers. Outside of looking for names that we feel are becoming a real bargain, this list is what we are using to find our next recommendations. Of course, the stocks on this list that have low or minimal dividend yields would only be suited for “aggressive” investors who are seeking growth over yield. I hope everyone checks it out! There appeared to be a bit of rotation out of gold today going on with mining plays Agnico-Eagle Mines ( AEM ) and Barrick Gold ( ABX ) both getting hit hard, along with gold prices. On the earnings front, Discover Financial Services ( DFS

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MasterCard (NYSE:MA) Acquisition Adds Fee Income

Filed in barclays, dividend, Gold Bullion prices, Mastercard, o, silver, Travelex by on December 13, 2010 0 Comments

MasterCard’s (NYSE:MA) acquisition of Travelex should pay dividends for them quickly, as it will immediately offer them a fee-based stream of income, and improve their brand for prepaid card distributors.Barclays (NYSE:BCS) noted, “Acquisition Adds to MA’s Prepaid Capabilities: Already a processor and network for prepaid distributors, MA will now be able to act as a program manager, supporting

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