Friday, February 1, 2008

Top 25: #12 MasterCard

MA 207.00 +18.00 (+9.5%)
50-day SMA: 197.79
MasterCard. I hate the concept of charging/borrowing and paying insanely high interest. Yet, I'm in the tiny minority and MasterCard has raked in a fortune thanks to the insatiable appetite of U.S. spendaholics. Wish I'd ridden MA all along. American Express' failure recently dragged MasterCard down, which turned out to be a major buying opportunity. Now, at 207, MA is too pricey and a pullback could happen with a negative jobs report today.

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