Mastercard ranks among top financial stocks favored by hedge funds

news.yahoo.com January 11, 2025, 09:00 PM UTC

Mastercard is being evaluated among the top financial stocks favored by hedge funds. The financial services market has grown significantly and is expected to continue expanding at a rate of 7.7% annually. In 2024, the financial sector saw a 30% increase, recovering from earlier concerns about mid-sized bank failures. As of January 7, 2025, the sector has shown solid returns over various time frames, with a notable 28.01% return in the past year. Looking ahead, the financial industry appears to have positive prospects for 2025, supported by economic growth and anticipated interest rate decreases. However, risks remain, particularly for lenders exposed to commercial real estate.


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