Stocks to Watch: Progressive and MasterCard
In this video from Tuesday's edition of Investor Beat, host Chris Hill and Motley Fool analysts Mike Olsen and Morgan Housel dig into the biggest business stories from Tuesday's market facing Foolish investors today.
In this segment, Mike tells investors about the virtuous cycle that allows Progressive to grow and pass savings along to consumers, while Morgan discusses MasterCard , and the opportunity ahead of the company now that the economy is recovering and its lagging credit card business has a chance to catch up as consumers have more of an ability to pay off their debts.
Could your credit card soon be worthless?
The plastic in your wallet is about to go the way of the typewriter, the VCR, and the 8-track tape player. When it does, a handful of investors could stand to get very rich. You can join them -- but you must act now. An eye-opening new presentation reveals the full story on why your credit card is about to be worthless -- and highlights one little-known company sitting at the epicenter of an earth-shaking movement that could hand early investors the kind of profits we haven't seen since the dot-com days. Click here to watch this stunning video.
The article Stocks to Watch: Progressive and MasterCard originally appeared on Fool.com.Chris Hill, Michael Olsen, CFA, and Morgan Housel have no position in any stocks mentioned. The Motley Fool recommends MasterCard and Progressive and owns shares of MasterCard. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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