The fintech industry has shown its resilience even in tough times. Despite an uncertain economy, a high inflationary environment and a long period of low consumer spending, financial companies have stood strong. This industry still hasn’t peaked. With the introduction of artificial intelligence (AI) and new technologies, the scope of fintech stocks room to run continues to expand.Besides tech, I believe the fintech industry has shown tremendous growth over the past year. Adding fintech stocks to your portfo ...

American Express Company (AXP) is set to report second-quarter 2024 results on Jul 19, 2024, before the opening bell. Growing network volumes, total cards-in-force and interest income are expected to have supported its performance.The Zacks Consensus Estimate for second-quarter earnings is currently pegged at $3.22 per share, implying solid growth of 11.4% from the year-ago reported number. The estimate was revised upward by two analysts in the past week against no movement in the opposite direction, result ...

The fintech stocks had their heyday back in 2020-21 when it was thought they’d pose a serious threat to the market share of traditional financial institutions (think the banks). When the pandemic lockdowns happened and online shopping went into overdrive in what was a “roaring start” to the 2020s, it seemed like the market’s fintech darlings could only go higher. The blistering momentum eventually ran out of steam, and fintech stocks were among the first of the dominoes to fall as the 2022 market sell-off u ...

Fundamental analysis focuses on a company’s finances, catalysts, valuation, and other components that impact a stock’s long-term performance. It doesn’t consider technical indicators like 50-day moving averages and oscillators. Looking at long-term stocks also makes it easier to invest. Instead of timing the stock market and looking for opportunities to sell your shares at high prices, investors can take a more passive role if they focus on the fundamentals.A passive approach can go wrong if companies becom ...

Blue-chip stocks tend to carry less risk than micro-cap stocks. Investing in established corporations with vast moats and plenty of recognition can lead to steady gains in the long run.Some household names are better than others, and investors can find several opportunities that feature undervalued blue-chip stocks. These stocks offer a higher margin of safety than most publicly traded corporations. Furthermore, each of these companies is still displaying solid growth numbers. These aren’t companies that ha ...

In the latest market close, American Express (AXP) reached $237.75, with a +1.38% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.07%. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.14%.Shares of the credit card issuer and global payments company have appreciated by 0.89% over the course of the past month, outperforming the Finance sector's loss of 5.5% and lagging the S&P 500's gain of 4.34%.The investment ...

American Express Company (AXP) recently introduced the American Express Essential Rewards Credit Card, which is infused with lucrative rewards that can be availed for expenses incurred on dining, retail and streaming services. The card carries a monthly fee of $9.Cardholders can earn five points per dollar spent at restaurants, cafes, bars, fast-food outlets and select food delivery services in Australia. Additionally, they can earn three points per dollar on some of the specific major streaming services, t ...

Stock picking might be challenging, with new investors often making mistakes in their selection. For those who want to play it safe and borrow some knowledge from the market legends, there is no better investor than Warren Buffett.Also known as “Oracle of Omaha,” Buffett is the CEO of Berkshire Hathaway (NYSE: BRK.A), a successful investment firm that is led by his ideology of compound investing, with stock pickings that offer dividend payments and are an optimal pick for novice and veteran stock investors ...

Dividend stocks give investors the opportunity to beat inflation. While most dividend-paying corporations raise their dividends each year, some of those growth rates regularly exceed inflation. Luckily, it’s been getting easier to beat inflation. Core PCE only increased by 2.6% year-over-year in May, indicating a potential cool down.While a stock’s dividend payout only needs to increase by the rate of inflation to keep up, some companies have maintained double-digit dividend growth rates for several years. ...

Investing in high growth stocks to buy offers an opportunity to multiply one’s wealth over the long term. While the stock market is inherently volatile, finding these hidden gems that can outperform the market can lead to substantial gains. The appeal in these companies lies in their ability to grow their revenue and earnings at an accelerated pace. For investors looking to multiply their $50,000 investment into a quarter of a million dollars by 2035, the journey will require strategic foresight. Investors ...