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TSX climbs, Wall Street sinksTravel winners & losersEarnings lift stocks to end positive weekThis summary was created by AI, based on 25 opinions in the last 12 months.
Experts have mixed opinions on American Express (AXP-N) stock. Some believe it is well-positioned with high-end users and travel, has strong management and consumer spending, and is trading at a reasonable valuation. Others express concerns about its expensive valuation, credit risk, and competition from Visa and Mastercard. Overall, the company has reported positive revenue and spending growth, particularly in the travel and entertainment sectors, while also attracting millennial and Gen-Z cardholders.
They added 12 million members in the past year.
She expects their quarter next week to be fine. It well-positioned with high-end users and travel.
A hold for the next 3-5 years. The stock has done extremely well. It's looking expensive. Don't add to it now.
She just bought it because she needed consumer exposure. She likes leisure, travel and post-pandemic consumer behaviour of this. Trades below the market multiple and is not well-loved.
Good company with strong management team and balance sheet. Falling interest rates will be good the for the business. Spending strong with consumers. Savings rates will remain steady with consumers as well. Good with holding company for the long term.
Just delivered a good quarter and great guidance. Last November they reported that October sales were light, so short-sellers piled in while shares rose. So, today's rally triggered a short squeeze that drove the Dow
They report Friday. They have a track record of reporting solid numbers, but then someone points out a bad line item and shares fall. Wait for the second day when some analyst downgrades it to buy./
Wait till they report next week and listen to the CEO's comments before deciding. Buy on the dip? No. Shares are mid-range.
Owns a big position. Their November loan balances were up 15% while delinquencies up only 50 basis points. Trades at 16x forward. Likes this.
Likes trend, and believes in value of traditional business. Likes nature of company. Stock indicating bounce off of the floor. Will recommend buying small amounts.
Owns shares in Visa, but credit card business strong. Credit risk a concern with business. Visa a pure "payment processing" business. Better options in sector.
Just reported overall positive results, but shares were clubbed because they didn't raise their full-year forecast, and volume growth decelerated. However, US spending rose 9% YOY with travel/entertainment up 13% including restaurant spending. Gen-Z and Millennial spending up 18%.
Very attractive business with excellent capital allocation skills. Share count keeps going down. Not worried about slowing economy with this business. Share price a good place to buy. Berkshire Hathaway a major shareholder. Recent earnings exceeded expectations.
American Express is a American stock, trading under the symbol AXP-N on the New York Stock Exchange (AXP). It is usually referred to as NYSE:AXP or AXP-N
In the last year, 25 stock analysts published opinions about AXP-N. 22 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for American Express.
American Express was recommended as a Top Pick by on . Read the latest stock experts ratings for American Express.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
25 stock analysts on Stockchase covered American Express In the last year. It is a trending stock that is worth watching.
On 2024-04-26, American Express (AXP-N) stock closed at a price of $235.965.
He disagreed with the street on AXP's new report and found their quarter excellent.