How to Trade Mastercard's 15% Surge on NFT Boom

<a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-mastercard-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/trade_mastercard_stock_forecast.png" data- data- data-alt="trade mastercard stock forecast" data-height="330" data-width="720"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/trade_mastercard_stock_forecast.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/trade_mastercard_stock_forecast.png"></source></picture></a>Mastercard has started off this year by announcing a range of crypto partnership deals with well-known exchanges such as Coinbase and its upcoming NFT marketplace. The company made some key acquisitions last year as it diversifies its business model to retain its market share of global payments in the face of new competition from fintech start-ups. Interestingly, the Mastercard stock forecast from several analysts is still bullish. The Mastercard stock price has also held its price well amid the recent stock market decline.Learn more about the Mastercard stock forecast below and how to trade it. <table border="1">
<tbody>
<tr>
<td>Stock:</td>
<td>Mastercard Inc</td>
</tr>
<tr>
<td>Exchange:</td>
<td>NYSE</td>
</tr>
<tr>
<td>Symbol for Invest.MT5 Account:</td>
<td><a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/ma" target="_blank" rel="noopener">MA</a> </td>
</tr>
<tr>
<td>Date of Idea:</td>
<td>26 January 2022</td>
</tr>
<tr>
<td>Time Line:</td>
<td>1 – 6 months</td>
</tr>
<tr>
<td>Entry Level:</td>
<td>$355.00</td>
</tr>
<tr>
<td>Target Level:</td>
<td>$433.14</td>
</tr>
<tr>
<td>Position Size for Invest.MT5 Account:</td>
<td>Max 7%</td>
</tr>
<tr>
<td>Risk:</td>
<td>High</td>
</tr>
</tbody>
</table><ul>
<li>The <a href="https://admiralmarkets.com/start-trading/admiral-invest-stocks-and-etfs" target="_blank" rel="noopener">Invest.MT5</a> account allows you to buy real stocks and shares from 15 of the largest stock exchanges in the world.</li>
</ul><div>
<div data-symbol="MA" data-interval="D"></div>
<div>Source: <a rel="noopener" href="https://www.tradingview.com/" target="_blank">TradingView</a></div>
</div>All trading is high risk and you can lose more than you risk on a trade. Never invest more than you can afford to lose as some trades will lose and some trades will win. Start small to understand your own risk tolerance levels or practice on a <a href="https://admiralmarkets.com/start-trading/forex-demo" target="_blank" rel="noopener">demo account</a> first to build your knowledge before investing. <a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/ma" target="_blank" rel="noopener"><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-mastercard-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/Buy_mastercard_stock.png" data- data- data-alt="Buy mastercard stock" data-height="220" data-width="720"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/Buy_mastercard_stock.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/Buy_mastercard_stock.png"></source></picture></a></a><h2 aria-level="1">Why Trade Mastercard Stock? </h2>Mastercard is one of the world’s largest global payment businesses. However, more and more fintech companies are moving into this space which has forced Mastercard to adopt new revenue streams. The company beat analyst expectations in its last earnings report, largely led by a surge in consumer spending and international money transactions. Here are a few more reasons analysts are bullish on the long-term prospects for Mastercard stock. <h3 aria-level="3">Mastercard could benefit from a boom in NFTs with its recent crypto partnerships </h3>Last week, Mastercard <a rel="nofollow noopener" href="https://www.cnbc.com/2022/01/18/mastercard-strikes-nft-payments-deal-with-coinbase-amid-wave-of-crypto-partnerships.html" target="_blank">announced</a> it has signed a deal with cryptocurrency exchange Coinbase. The agreement will allow Coinbases’s customers to use Mastercard credit and debit cards to make purchases on the upcoming NFT (non-fungible token) marketplace. Sales in NFTs boomed last year and Mastercard is interested in how they can streamline the buying process for NFTs which currently require a lot of steps and different product applications. Considering NFT sales went from $250 million in 2020 to more than $2 billion in 2021, Mastercard stock will be one to watch. The company has also announced other crypto deals with Bakkt, Gemini, Mintable and others setting itself to be a leader in this space.<h3 aria-level="3">Mastercard is now aiming to tap into "significant untapped opportunities" in a $225 trillion market </h3>At the beginning of the year, Mastercard <a rel="nofollow noopener" href="https://www.marketwatch.com/story/mastercard-stock-gains-as-investor-day-brings-strong-growth-targets-11636555482" target="_blank">announced</a> new growth targets for 2022 to 2024. They are ambitious with a forecast of net revenue growth in the “high-teens” and a minimum annual operating margin of 50%. According to the company, there are still “significant untapped opportunities” in the $225 trillion global payments industry from the acceleration of digital adoption. Growth is expected in commercial transactions, bill payments, services, fraud management, open banking and BNPL (buy now pay later) products. <h2 aria-level="2">Mastercard Stock Forecast - What do the Analysts Say? </h2>According to analysts polled by TipRanks for a Mastercard stock forecast in the last 3 months, there are currently 14 buy ratings on Mastercard stock. The highest price level for a Mastercard stock forecast is $494.00 with the lowest price target at $380.00. The average price target for a Mastercard stock forecast is $433.14 which represents a near 27% upside from current levels. <a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-mastercard-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/mastercard_stock_forecast.PNG" data- data- data-alt="mastercard stock forecast" data-height="440" data-width="1235"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/mastercard_stock_forecast.PNG"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/mastercard_stock_forecast.PNG"></source></picture></a>Source: <a rel="nofollow noopener" href="https://www.tipranks.com/stocks/ma/forecast" target="_blank">TipRanks,</a> 25 January 2022 <h2 aria-level="2">An Example Trading Idea for the Mastercard Stock Price</h2>An example trading idea for the Mastercard stock forecast could be as follows: <ul>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="1">Buy the stock around $355.00 to allow for earnings volatility. </li>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">Target the average analyst price target at $433.14. </li>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">Keep your risk small at a maximum of 7% of your total account. </li>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="4" data-aria-level="1">Time Line = 1 – 6 months </li>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="5" data-aria-level="1">If you buy 10 Mastercard shares:
<ul>
<li data-leveltext="%2." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="2">If target is reached = $781.40 potential profit ($433.14 – $355.00 * 10 shares). </li>
</ul>
</li>
</ul>It’s wise to remember that the share price is unlikely to go up in a straight line and it may even go much further down before it rises, especially considering the recent sell-off in global stock markets. Therefore, be sure to exercise good risk management which is one of the most important aspects of trading successfully. You should always know how much you could potentially lose on a trade and the risks involved. Another factor to consider is the commission as these can eat into your profits. With the Admirals <a href="https://admiralmarkets.com/start-trading/admiral-invest-stocks-and-etfs" target="_blank" rel="noopener">Invest.MT5</a> account you can buy US stocks from $0.02 per share. This means buying 10 shares in Mastercard stock would result in a commission of $0.20 ($0.02 * 10 shares). There is a low minimum transaction fee of $1. So, the example trading idea above would result in a commission of just $1 overall! <h2 aria-level="2">How to Buy Mastercard Stock in 4 Steps </h2>With Admirals, you can buy shares in US companies like Mastercard with a low commission of just $0.02 per share and a low minimum commission of just $1. <ol>
<li data-leveltext="%1." data-font="ＭＳ明朝" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="1"><a href="https://admiralmarkets.com/signup" target="_blank" rel="noopener">Open an account</a> with Admirals to access the Trader’s Room. </li>
<li data-leveltext="%1." data-font="ＭＳ明朝" data-list aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">Click on Trade on one of your live or demo accounts to open the web platform. </li>
<li data-leveltext="%1." data-font="ＭＳ明朝" data-list aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">Search for Mastercard at the bottom of the Market Watch window and drag the symbol onto the chart. </li>
<li data-leveltext="%1." data-font="ＭＳ明朝" data-list aria-setsize="-1" data-aria-posinset="4" data-aria-level="1">Use the one-click trading feature, or right-click and open a trading ticket to input your trade size, stop loss and take profit level. </li>
</ol><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-mastercard-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/trade_mastercard_stock.PNG" data- data- data-alt="trade mastercard stock" data-height="781" data-width="1562"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/trade_mastercard_stock.PNG"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/trade_mastercard_stock.PNG"></source></picture></a>Source: <a href="https://admiralmarkets.com/trading-platforms/webtrader" target="_blank" rel="noopener">Admirals MetaTrader 5 Web</a>. Past performance is not a reliable indicator of future results, or future performance. Click on the banner below to buy Mastercard stock today! ▼▼▼ <a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/ma" target="_blank" rel="noopener"><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-mastercard-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/Buy_mastercard_stock-1.png" data- data- data-alt="Buy mastercard stock" data-height="220" data-width="720"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/Buy_mastercard_stock-1.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/Buy_mastercard_stock-1.png"></source></picture></a></a><h2 aria-level="2">Do You See the Mastercard Stock Price Moving Differently? </h2>Remember that all analytics and trading ideas are based on the personal view and experience of the author. If you believe there is a higher chance Mastercard's share price will move lower, then you can also trade <a href="https://admiralmarkets.com/education/articles/general-trading/short-selling" target="_blank" rel="noopener">short </a>from a CFD (Contracts for Difference) trading account which Admirals also provide. The <a href="https://admiralmarkets.com/start-trading/account-types" target="_blank" rel="noopener">Trade.MT5</a> and <a href="https://admiralmarkets.com/start-trading/account-types" target="_blank" rel="noopener">Trade.MT4</a> account allows you to speculate on the price direction of stocks and shares using CFDs. This means you can trade long and short to potentially profit from rising and falling stock prices. Learn more about CFDs in this <a href="https://admiralmarkets.com/education/articles/forex-basics/what-is-cfd-trading-contracts-for-difference-explained" target="_blank" rel="noopener">How to Trade CFDs</a> article. INFORMATION ABOUT ANALYTICAL MATERIALS: The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admirals’ investment firms operating under the Admirals trademark (hereinafter “Admirals”) Before making any investment decisions please pay close attention to the following: <ul>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="1">This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research. </li>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content. </li>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">With a view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for the prevention and management of conflicts of interest. </li>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="4" data-aria-level="1">The Analysis is prepared by an independent analyst, Jitan Solanki (analyst), (hereinafter “Author”) based on their personal estimations. </li>
</ul><ul>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="1">Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis. </li>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">Any kind of past or modelled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed. </li>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the <a href="https://admiralmarkets.com/risk-disclosure">risks involved. </a></li>
</ul>

How to Trade Mastercard's 15% Surge on NFT Boom

Leave a Comment

Leave a Reply Cancel reply

All Eyes Firmly Fixed on the Federal Reserve

The Markets React to Federal Reserve’s Policy Meeting

Leave a Comment

Leave a Reply Cancel reply

Related Posts

EUR/USD to target additional gains to the low 1.06s on a move through 1.0540/1.0550 – Scotiabank

Value Stocks Remain Attractive but Risks Begin to Rise, Dow Jones Key Technical Levels

Elliott Wave Indicator MT5