MA - Long Mastercard new catalyst with APPL
Mastercard (MA) is powering the new Apple (APPL) credit card along with Goldman Sachs (GS). This provides a short term news cycle catalyst and a long term new growth opportunity and partner for Goldman, but more importantly Mastercard. Once the news settles on the Apple event it will be clear the real winner is Mastercard who stands to only gain from the relationship. Millennials and younger generations with their strong affiliation for Apple should be drawn to the card and it's unique benefits.
Apple Mastercard
apple.com/apple-card/
MA has support levels at 224 and 211, and should continue upward throughout the year barring in major Macro news.
Apple Mastercard
apple.com/apple-card/
MA has support levels at 224 and 211, and should continue upward throughout the year barring in major Macro news.
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