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Mastercard (MA) Has Risen 23% in Last One Year, Outperforms Market

Insider Monkey ·  Sep 28, 2020 15:06

If you are looking for the best ideas for your portfolio you may want to consider some ofVGI Partnerstop stock picks. VGI Partners, an investment management firm, is bullish on Mastercard Inc (NYSE:MA) stock. In its FY 2019 investor letter –you can download a copy here– the firm discussed its investment thesis on Mastercard Inc (NYSE:MA) stock. Mastercard Inc (NYSE:MA) is the financial services company.

On July 30, 2019, VGI Partners had released its FY 2019 investor letter. Mastercard Inc (NYSE:MA) stock has posted a return of 23.3% in the trailing one year period, outperforming the S&P 500 Index which returned 11.4% in the same period. This suggests that the investment firm was right in its decision. On a year-to-date basis, Mastercard Inc (NYSE:MA) stock has risen by 11.1%.

In its FY 2019 investor letter, the firm reported that VGI Partners Global Investments Limited generated a 10.2% net return. Let’s take a look at comments made by VGI Partners about Mastercard Inc (NYSE:MA) stock in the Q2 2019 investor letter.

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Valeri Potapova / Shutterstock.com

In Q2 2020, the number of bullish hedge fund positions on Mastercard Inc (NYSE:MA) stock increased by about 6% from the previous quarter (see the chart here), so a number of other hedge fund managers seem to agree with Mastercard's growth potential. Our calculations showed that Mastercard Inc (NYSE:MA) is ranked #7 among the30 most popular stocks among hedge funds.

The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds' poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.

Video: Top 5 Stocks Among Hedge Funds

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. We go through lists like the 10 most profitable companies in the world to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. You can subscribe to our free enewsletter below to receive our stories in your inbox:

Disclosure: None. This article is originally published atInsider Monkey.

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