Just Put it on the Card
Even in a stubbornly weak economy that has consumers weighing purchases carefully, transaction processors are seeing record highs in earnings and stock prices.
MasterCard (MA) rallied to an all-time high Thursday, continuing a longer-term price uptrend that's held up throughout the year. The stock is up more than 50% year-to-date. It recently hit price resistance above $340, and it reversed lower after clearing that price Thursday. But the stock has gradually been trending higher along its 10-week moving average, a sign of continued institutional support as many stocks have fallen beneath key price lines....569 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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