Author(s)

Hai He, Mingyi Liu, Zhonghao Yao

Corresponding Author

Hai He

ABSTRACT

In the global COVID-19 context, digital payment and mobile payment have become a global topic of widespread concern. Despite the overall economic downturn in the United States and the serious bubble in the stock market, the payment industry has developed well. Investors favor the blue chips and stocks in the US stock market due to their favorable returns and moderate risks. This paper will select visa Inc. (V), PayPal Holdings Inc. (PYPL), and MasterCard Inc. (MA), which are the three strong companies in the payment industry. Based on the financial statement data from Q3 in 2019 to Q1 in 2020 and the stock price change data within 30 days, this research will analyze the financial statements data of visa Inc. (V), PayPal Holdings Inc. (PYPL), MasterCard Inc. (MA). According to Buffett's value investing theory and Lasse Heje Pedersen's innovation of value investing theory, this paper discusses those three companies' investment value from three dimensions: safety, cheapness, and quality. The analysis process is presented in the form of comparison. Finally, the three stocks' investment suggestions and the stock investment strategy during the epidemic period are proposed based on the analysis results.

KEYWORDS

COVID-19, value investing, payment companies