ABSTRACT

MasterCard stands as one of the great success stories of Wall Street, in terms of total investment return to its shareholders. A savvy investor who plunked down $1,000 for MasterCard shares at the company’s initial public offering (IPO) in May 2006 would find those same shares worth more than $19,000 in mid-2014. MasterCard’s performance beats the historic investment returns over the same period for many other investor darlings, including Google and Apple.