Visa Inc. (NYSE:V): Current price $199.60
A 3 percent appreciation by the euro in 2013 and the nascent economic recovery in Europe could propel MasterCard Inc. (NYSE:MA) to further outpace its larger competitor, Visa. Analyst Jason Kupferberg at Jefferies Group LLC believes that MasterCard, which stock has outstripped Visa’s this year, could gain another 15 percent in two years, while the sovereign-debt crisis calms down. Also, Europe can drive MasterCard’s purchase volume, transactions and revenue for a minimum of the next two quarters, says analyst Greg Smith at Sterne Agee & Leach Inc. Presently, MasterCard does more business on the Continent than Visa does, which generates some 2 percent of its revenue there.
The Boeing Co. (NYSE:BA): Current price $132.38
Boeing reported on Thursday afternoon that it will raise output of its 737 series of single aisle planes to 47 new aircraft per month (564 a year) in 2017. The company now builds 38 planes per month at its facility in Renton, Washington, and that number will increase to 42 planes a month in the first half of next year. Boeing said that it is laying a “foundation” for the transition to its new 737 MAX aircraft which are set for first delivery in the third quarter of 2017.
Merck & Co. Inc. (NYSE:MRK): Current price $44.90
On Friday, Merck was upgraded at BMO Capital from Market Perform to Outperform, on the probability that the stock is close to a bottom. BMO says that consensus estimates have fallen, and that several new data catalysts could move the shares up. At the same time, the firm hiked its price target for the stock from $48 to $50.