Professional
Added to YB: 2024-12-27
Pitch date: 2024-09-30
AXP [bullish]
American Express Company
+42.92%
current return
Author Info
No bio for this author
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
$267.69
Price Target
N/A
Dividend
0.89%
EV/EBITDA
N/A
P/E
24.73
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
The Gabelli Value 25 Fund Inc. Portfolio Holding: American Express Company
AXP: Leading closed loop credit card co. 144M cards, $140B loans. Strong brand enables deposit gathering. Affluent customer base, especially Millennials, driving spending growth. Expanding into corporate purchasing, emerging markets, and social media-linked payments. 5.9% of portfolio net assets as of 9/30/24.
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