American Express: Undervalued And Misjudged In The Banking Sector Comparison

funky-data American Express (NYSE:AXP) is often compared with Visa (V) and Mastercard (MA). However, American Express' valuation is usually at half of what Visa and Mastercard are valued at due to misconception of American Express' status as a bank holding company. I believe that this misconception provides a fantastic opportunity for American express to reward investors in the long term. Introduction - History of American Express American Express started in 1850 as an express mail business. It is growi ...