American Express(AXP)

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American Express (AXP) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-02-23 23:51
In the latest trading session, American Express (AXP) closed at $214.56, marking a +0.27% move from the previous day. This move outpaced the S&P 500's daily gain of 0.04%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.28%.The credit card issuer and global payments company's shares have seen an increase of 13.78% over the last month, surpassing the Finance sector's gain of 3.66% and the S&P 500's gain of 5.01%.The investment community will be closely monitoring the performance of Americ ...
Nearly One-Fifth of Warren Buffett-Led Berkshire Hathaway's $368 Billion Stock Portfolio Is Invested in These 2 Financial Giants
The Motley Fool· 2024-02-23 22:21
Given Warren Buffett's impressive track record as an investor, Berkshire Hathaway's $368 billion public equities portfolio is a valuable source of potential investment ideas, especially the larger holdings. Near the top of that list, investors will notice that Bank of America (BAC 0.92%) and American Express (AXP 0.27%) make up a combined 18.1% of the portfolio.Buffett and Berkshire have owned both of these financial stocks for quite some time -- but are either of them worth your investment dollars right no ...
Why American Express (AXP) is a Top Stock for the Long-Term
Zacks Investment Research· 2024-02-23 15:30
Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what ...
American Express Stock Rose 30% in 90 Days. Here's Why It's Still Undervalued.
The Motley Fool· 2024-02-23 12:15
American Express (AXP 1.47%) stock has been a rocket. During the past 90 days, the shares have risen by more than 30%.With the stock trading at all-time highs, it's reasonable to question whether the valuation has gotten out of hand. The stock is no longer the bargain it was a couple of months ago, but there are many reasons American Express remains a wonderful buy-and-hold investment.These numbers tell a promising storyIf a certain investment rises considerably in value, that doesn't always mean it's becom ...
Double Your Money: 3 Growth Stocks to Grab in 2024
InvestorPlace· 2024-02-19 22:13
The near- and medium-term outlooks for growth stocks have greatly improved in recent weeks. That’s because it appears that the Street has, at long last, realized that relatively small increases in interest rates don’t necessarily portend doom for all growth names. Providing evidence for this assertion, the interest on the ten-year Treasury Note had climbed to 4.28% as of Feb. 16 from 4% at the beginning of the month. Yet the Russell 2000 Index of small-cap firms advanced to 2,032 from 1,983 during the same ...
3 Reasons Growth Investors Will Love American Express (AXP)
Zacks Investment Research· 2024-02-19 18:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...
Are Finance Stocks Lagging American Express (AXP) This Year?
Zacks Investment Research· 2024-02-19 15:46
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is American Express (AXP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.American Express is a member of our Finance group, which includes 857 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of ...
These 3 Warren Buffett Stocks Should Be on Your Radar
The Motley Fool· 2024-02-18 18:26
Thanks to his impressive track record, investor Warren Buffett's moves are followed by many who are looking for top stocks to buy. Investors peek at the holdings of his Berkshire Hathaway for inspiration.Inside the conglomerate's massive $373 billion portfolio, there are dozens of companies. Three of them dominate the payments landscape and should be on every investor's radar. Let's take a closer look at American Express (AXP 0.01%), Visa (V -0.86%), and Mastercard (MA -0.67%).Amex is a top Berkshire positi ...
3 No-Brainer Value Stocks to Buy With $1,000 Right Now
The Motley Fool· 2024-02-17 13:05
Thanks to the market's recent rally, many stocks have become uncomfortably expensive. Specifically, the S&P 500 is now priced at more than 22 times its past-12-month profits and more than 22 times its 12-month earnings projections. Both are unusually high compared to long-term norms.Not every ticker has followed suit, however. A handful of stocks are still more than reasonably priced. And, given the backdrop of persistent inflation and a lethargic economy, it might be time to swap out some of your high-flyi ...
Scoop up These 4 GARP Stocks to Receive Handsome Returns
Zacks Investment Research· 2024-02-15 15:31
If you are looking for a profitable portfolio of stocks offering the best of value and growth investing, try the growth at a reasonable price or GARP strategy.The strategy helps investors gain exposure to undervalued stocks with impressive prospects. Unlike a blend strategy, a portfolio that uses GARP investing is expected to include stocks that offer the best value and growth investing. Modine Manufacturing (MOD) , Microsoft (MSFT) , W.W. Grainger (GWW) and American Express (AXP) are some GARP stocks that ...