If you invested in Mastercard 10 years ago, here's how much you'd have now. (via CNBCMakeIt)
Igor Golovniov/SOPA Images | LightRocket | Getty ImagesIn the third quarter of 2019, there were 926 million Mastercard credit cards in use globally and 240 million in the U.S.,Mastercard's success hasn't just panned out well for the company, it's also proven to be a major positive for long-term investors. A $1,000 investment in the company 10 years ago would be worth more than $12,500 as of Jan.
14, 2020, for a total return of 1,160%, according to CNBC calculations. By comparison, in the same time frame, the S&P 500 had a total return of just over 250%. Mastercard's current share priceWhile Mastercard's stock has done well over the years, any individual stock can over- or underperform andAlthough Mastercard is widely known for its financial services, it maintains that it's a tech business first.
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