Mastercard Inc MA shares on Monday hit a new 52-week high of $534.02 amid overall market strength amid after Donald Trump's presidential election win. Also, Piper Sandler reiterated Mastercard with an Overweight and raised its price target from $565 to $575.
The new 52-week high in MA stock comes as investors anticipate favorable economic policies that could drive consumer spending, a key revenue driver for the payments giant.
Additionally, released on Friday, U.S. retail sales in October exceeded expectations, marking the fastest annual growth since July 2024, as consumers displayed strong spending resilience ahead of the presidential election.
Trump's proposed tax cuts, aimed at both corporations and individuals, are expected to increase disposable income and business investment, potentially leading to a surge in transaction volumes.
Mastercard, which earns revenue from processing payments on its global network, stands to benefit directly from increased consumer and business activity.
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What Else: Additionally, Trump's deregulation agenda may create opportunities for Mastercard to expand its financial technology offerings.
A rollback of some financial compliance requirements could enable Mastercard to innovate more freely, particularly in emerging payment technologies like blockchain and digital wallets, while making it easier to form partnerships with fintech companies.
Trump's focus on infrastructure investment could also support Mastercard's commercial payments segment. As businesses take on projects tied to federal spending, Mastercard could see increased use of its business-to-business payment platforms, driving growth in a less saturated market.
Potential inflationary pressures from Trump's policies could also benefit Mastercard. Inflation often leads to higher transaction values, which would increase the fees Mastercard collects.
Read Also: October Retail Sales Top Expectations As US Consumers Increase Tech Spending
How To Buy MA Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in Mastercard’s case, it is in the Financials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from Benzinga Pro, MA has a 52-week high of $534.02 and a 52-week low of $395.54.
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