Added to YB: 2024-07-30
Pitch date: 2024-07-28
AXP [bullish]
American Express Company
+57.2%
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
$243.37
Price Target
493.00 (+29%)
Dividend
0.89%
EV/EBITDA
N/A
P/E
24.73
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
I Am Buying American: American Express
AXP: Closed-loop payment system w/ double capitalization on user base. Giant moat, inflation-proof, expanding int'l & youth. 45% rev growth in 4yrs, 29% median ROE. Conservative PT $382 (10% annual return), optimistic $493. Buying now, more if lower. Stalwart bet on US economy w/ potential for above-market returns.
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