12 Best Long Term Low Risk Stocks to Buy Right Now

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2. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 131    

Mastercard Incorporated (NYSE:MA) is a technology company that provides transaction processing and other payment-related products and services. The recent financial performance of the firm underscores its alignment with long-term growth strategies, emphasizing robust consumer spending, strategic acquisitions, and innovation in payment technologies. In Q4 2024, Mastercard reported a 20% increase in earnings per share to $3.82 and a 14% rise in revenue to $7.49 billion, surpassing market expectations. Mastercard forecasts low double-digit revenue growth for Q1 and the full year of 2025. The company is also developing tokenization and biometric authentication methods to improve transaction security and user experience, aiming to phase out traditional credit cards by 2030.

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