Professional
Added to YB: 2024-01-11
Pitch date: 2024-01-11
AXP [bullish]
American Express Company
+109.9%
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
$182.26
Price Target
N/A
Dividend
0.89%
EV/EBITDA
N/A
P/E
24.73
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
Oakmark Select Fund holding: American Express ($AXP)
$AXP: Closed-loop network, brand & scale are moats. Owns network so earns more per txn than peers, fueling rewards & svc to attract prime clients. Biz model + customer focus to drive growth for yrs. Macro fears enable 13x PE on NTM EPS for quality compounder.
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