I Know First’s Top Stock Pick Rated in Forbes Magazine

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I Know First’s financial analyst Tali Soroker wrote a short piece for submission to Forbes Magazine this week outlining our expectations for MasterCard stock to see growth in the second quarter. In the forecast from March 29th in the Mega Stocks package, the predictive algorithm gave MA a bullish signal of 30.65 with a predictability of 0.24 for the 1-month time period and a stronger signal of 57.65 and a predictability of 0.31 for the 3-month time horizon.

MasterCard was chosen as a top stock to be included in the Forbes Magazine article that was published on Friday, April 1st, 2016. The key contributing factors to MA growth in the future as discussed in the article will be falling oil prices and international expansion. Additionally, the possibility of the Fed hiking interest rates again in the near future has the potential to either help or harm the stock’s prospects.