American Express(AXP)

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7 Stocks to Buy if You Think We'll See Nasdaq 20K in 2024
Investor Place· 2024-06-20 18:06
If you’ve been one of the people looking for tech stocks to buy in the past two years, you’re likely quite happy with your portfolio’s performance. I wrote an article in late 2022 titled “25 Tech Stocks to Buy Before They Take Off in 2023.” Almost all of these tech stocks have been standout performers, even more so than I would have expected back then.Of course, we are at the cusp of an inflection point since the Federal Reserve will likely cut rates in the months ahead. However, there is still time for the ...
3 Dividend Stock Darlings You'd Be Crazy to Ever Sell
Investor Place· 2024-06-19 15:47
Dividend stocks attract many investors due to their passive income. It doesn’t take much effort to generate steady cash flow from these investments. You just have to find attractive dividend stocks, collect the dividends, and hold onto your winners.Time in the market beats timing the market. Some dividend stocks keep on giving, with elevated dividend growth rates and rising profits. While some investors look at price fluctuations to determine whether to buy or sell stocks, it makes more sense to hold onto l ...
Our Top 10 Dividend Growth Stocks - June 2024
Seeking Alpha· 2024-06-16 13:00
Olivier Le Moal In this series of articles, we focus on selecting and highlighting stocks that have rapidly grown their dividends in the recent past. We also need to ensure that these stocks will likely grow their earnings at a fast pace in the next few years. Due to their hypergrowth, their price generally grows quickly, and they usually do not pay very high current yields. With high-growth stocks, we need to be content with a lower current yield. However, please keep in mind that nothing is permanent, ...
American Express (AXP) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-06-14 22:50
The latest trading session saw American Express (AXP) ending at $224.82, denoting a +1.18% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.04%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 0.12%.Coming into today, shares of the credit card issuer and global payments company had lost 7.93% in the past month. In that same time, the Finance sector lost 0.72%, while the S&P 500 gained 4.15%.Investors will be eagerly watching for the performance of ...
The 2035 Millionaire's Club: 3 Tech Stocks to Buy Now
Investor Place· 2024-06-14 10:11
Investing in the top tech stocks has the potential to yield significant returns, paving the way for substantial wealth accumulation by 2035. The technology sector has consistently outperformed the market, and holds the largest weighting in the S&P 500 Index. Companies at the forefront of emerging technologies such as artificial intelligence, cybersecurity, biotechnology and renewable energy are poised for rapid growth. As these technologies evolve, companies that adapt and lead in these domains will likely ...
The Dividend Duchesses: 3 Stocks That Will Grace Your Portfolio with Royal Returns
Investor Place· 2024-06-13 17:44
Dividend income, particularly when it is reinvested, can really add up over time. Many of the world’s best investors are focused on dividend payouts and use them to build their portfolio. Look at Warren Buffett’s investment in Coca-Cola (NYSE:KO). The Oracle of Omaha will earn $784 million this year in dividend payments on the 400 million shares of KO stock that he owns.Coca-Cola is one of 47 stocks Buffett currently holds in his massive investment portfolio. Dividend payments are largely responsible for th ...
American Express Company (AXP) U.S. Financials, Payments & CRE Conference (Transcript)
2024-06-12 14:36
American Express Company (NYSE:AXP) U.S. Financials, Payments & CRE Conference June 12, 2024 8:45 AM ET Company Participants Christophe Le Caillec - CFO Conference Call Participants Jeffrey Adelson - Morgan Stanley Jeffrey Adelson Good morning, everybody. My name is Jeff Adelson, Morgan Stanley consumer finance research analyst. Before we get started, I'm just going to quickly read some disclosures, get them out of the way. For important disclosures, please see the Morgan Stanley Research Disclosure website ...
The Dividend Dreamboats: 3 Stocks That Will Make Your Portfolio Swoon
Investor Place· 2024-06-11 18:05
Dividend stocks attract many investors due to their cash flow. You can receive quarterly payouts that grow every year while holding onto your shares. Dividend investors who reinvest their payouts will receive larger dividends every quarter.However, you don’t only have to benefit from cash flow. Some dividend-paying corporations continue to outperform the stock market while distributing cash to their investors. Strong financials are a common pillar for all of these companies. You typically see rising profits ...
American Express (AXP) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-06-10 22:56
In the latest trading session, American Express (AXP) closed at $232.44, marking a -0.1% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.35%.The the stock of credit card issuer and global payments company has fallen by 3.97% in the past month, lagging the Finance sector's gain of 0.75% and the S&P 500's gain of 3.25%.The upcoming earnings release of American Express will ...
American Express (AXP) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-06-10 17:01
American Express (AXP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earn ...