2 Stocks to Bolster Your Portfolio as September Rate Cut Appears Imminent

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 37 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Qualcomm Incorporated Nyheter

Mastercard Inc

Stocks Analysis by Investing.com (Damian Nowiszewski) covering: Qualcomm Incorporated, Mastercard Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com

While the markets appear to be almost certain about a September cut, it's good to prepare for any eventuality.held interest rates steady

Revenue climbed to $9.39 billion, surpassing forecasts by $180 million, while earnings per share reached $2.33, exceeding estimates by $0.08. This strong performance has halted a recent downtrend and presents a potential buying opportunity. With consistently rising revenues and robust net earnings, Mastercard remains an attractive and solid choice for stabilizing portfolios, especially if the Fed maintains its restrictive monetary policy.The company's continued positive trend is underpinned by an 11% quarter-on-quarter increase in payment transaction volume on the Mastercard platform."We achieved another strong quarter in all aspects of our business, posting double-digit growth in net revenues and profits.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Is Amazon the Best Mega-Cap Name to Own for Q2 Earnings Season?Stocks Analysis by Investing.com (Damian Nowiszewski) covering: Amazon.com Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »