Stock Markets Exposed
MasterCard stock down big time due to recent market news?
target price has been downgraded to 141 if stock fall further.. would it be a good time to invest in MA or not yet since the credit market has been very unstable and we should just stay away from financial stocks for now?
Public Comments
- It might be best to stay away from banks and other credit issuers for a while. Nobody knows yet how bad the mortgage debacle will effect the entire industry or how much more debt will be defaulted on and written off. That being said, a good time to buy is when "blood is running down the street." However in this case the stock might have a ways to go on the downward side.
