Added to YB: 2024-08-06
Pitch date: 2024-08-04
AXP [bullish]
American Express Company
+71.06%
current return
Author Info
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Company Info
American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally.
Market Cap
$253.4B
Pitch Price
$223.64
Price Target
N/A
Dividend
0.89%
EV/EBITDA
N/A
P/E
24.73
EV/Sales
N/A
Sector
Consumer Finance
Category
value
What To Buy In This Market Pullback? - American Express Company
AXP: Closed-loop payment processor w/ strong moat. High-income customer base resilient to economic shifts. 38% YoY EPS growth last Q. 17x forward P/E after 6% dip. Simple, boring, consistent biz w/ unique market position. Up 23% YTD but still attractively priced given quality earnings power. Consider buying now, add if drops further.
Read full article (1 min)