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American Express (AXP-N)

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American Express
AXP-N

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Signal	Opinion	Expert
COMMENT	American Express(AXP-N) January 23, 2019 He just sold it because of its high valuation. Long-term, all the credit card companies will benefit from growing acceptance to credit cards globally. He took profits. Short-term, watch for credit costs and an economic slowdown. (Globally, the world still uses more cash than plastic.) investment companies/funds 0 0 0 0 0 0 comments	He just sold it because of its high valuation. Long-term, all the credit card companies will benefit from growing acceptance to credit cards globally. He took profits. Short-term, watch for credit costs and an economic slowdown. (Globally, the world still uses more cash than plastic.) investment companies/funds 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $99.460 Owned No

DON'T BUY	American Express(AXP-N) August 16, 2018 Stock is overvalued right now. It is trading at excessive values now. Starting to see some credit concerns creep in. Be prepared for some volatility. investment companies/funds 0 0 0 0 0 0 comments	Stock is overvalued right now. It is trading at excessive values now. Starting to see some credit concerns creep in. Be prepared for some volatility. investment companies/funds 0 0 0 0 0 0 comments Andrew Pyle Senior wea, The Pyle Group, Scot... Price $102.650 Owned No
TOP PICK	American Express(AXP-N) July 4, 2018 It has 13x forward earnings with a 12% growth rate as global consumer spending rises. Digital currency is overtaking cash and cheques as a strong trend. Worldwide, people still use cash over plastic, but this will change--and AmEx will benefit. Last week, they announced a co-branded card with Amazon and $3.4-billion buyback program. He's held this for a long time. (Analysts' price target: $109.27) investment companies/funds 0 0 0 0 0 0 comments	It has 13x forward earnings with a 12% growth rate as global consumer spending rises. Digital currency is overtaking cash and cheques as a strong trend. Worldwide, people still use cash over plastic, but this will change--and AmEx will benefit. Last week, they announced a co-branded card with Amazon and $3.4-billion buyback program. He's held this for a long time. (Analysts' price target: $109.27) investment companies/funds 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $97.840 Owned Yes
COMMENT	American Express(AXP-N) May 24, 2018 Should I buy American Express (AXP-N) or VISA (V-N)? It is like asking if I should buy an ice-cream for my daughter or my son. Ownes both. Basically, toll booth for global spending. There is still more cash out there than plastic out there believe it or not. American Express (AXP-N) seems a little cheaper from a valuation stand point. Amex is a little more value oriented, VISA is a little more growth oriented. Keep both. investment companies/funds 0 0 0 0 0 0 comments	Should I buy American Express (AXP-N) or VISA (V-N)? It is like asking if I should buy an ice-cream for my daughter or my son. Ownes both. Basically, toll booth for global spending. There is still more cash out there than plastic out there believe it or not. American Express (AXP-N) seems a little cheaper from a valuation stand point. Amex is a little more value oriented, VISA is a little more growth oriented. Keep both. investment companies/funds 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $101.100 Owned Unknown
PAST TOP PICK	American Express(AXP-N) October 12, 2017 (A Top Pick Aug 26/16. Up 44%.) Still likes this. It just hit new highs yesterday. Trading at about 15X forward earnings with a 10% growth rate, giving it a 1.5X PEG ratio. 1.5% dividend yield will grow at about 10% a year. They are aiming to lower their profits and rates to entice more merchants to accept its cards, by 2019. Thinks it will continue to do very well, particularly with interest rates moving higher and a possible tax reform. investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick Aug 26/16. Up 44%.) Still likes this. It just hit new highs yesterday. Trading at about 15X forward earnings with a 10% growth rate, giving it a 1.5X PEG ratio. 1.5% dividend yield will grow at about 10% a year. They are aiming to lower their profits and rates to entice more merchants to accept its cards, by 2019. Thinks it will continue to do very well, particularly with interest rates moving higher and a possible tax reform. investment companies/funds 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $91.610 Owned Yes
COMMENT	American Express(AXP-N) September 20, 2017 MasterCard (MA-N), Visa (V-N) or American Express (AXP-N)? Of the 3, he prefers Visa, the largest of the 3. This one is not a favourable one in his view. investment companies/funds 0 0 0 0 0 0 comments	MasterCard (MA-N), Visa (V-N) or American Express (AXP-N)? Of the 3, he prefers Visa, the largest of the 3. This one is not a favourable one in his view. investment companies/funds 0 0 0 0 0 0 comments Zachary Curry Chief Oper, Davis-Rea Ltd.... Price $88.430 Owned Unknown
BUY	American Express(AXP-N) January 30, 2017 They lost Costco, which one of their biggest accounts. Once they focus back on their premium products we can see growth. The stock is beaten up after a difficult 2016. She thinks this will be a turn-around story. investment companies/funds 0 0 0 0 0 0 comments	They lost Costco, which one of their biggest accounts. Once they focus back on their premium products we can see growth. The stock is beaten up after a difficult 2016. She thinks this will be a turn-around story. investment companies/funds 0 0 0 0 0 0 comments Erin Gibbs V.P., S&P Global Market In... Price $77.280 Owned Unknown
TOP PICK	American Express(AXP-N) August 26, 2016 This continues to focus on the lending side of its business, and they are doing a lot of cost cutting initiatives which is going to help shares move higher. Technically, it recently broke its 200 day moving average on the upside, which is very bullish. It has formed a solid recovery from its lows earlier this year. Fundamentally it is reasonably valued, trading at about 12X forward earnings, with an estimated growth rate of 8%-10% in terms of earnings per share. Over the last 5 years, it has delivered an annual dividend growth rate of over 10%, and going forward he expects it to be 8%-9%. Dividend yield of 1.79%. investment companies/funds 0 0 0 0 0 0 comments	This continues to focus on the lending side of its business, and they are doing a lot of cost cutting initiatives which is going to help shares move higher. Technically, it recently broke its 200 day moving average on the upside, which is very bullish. It has formed a solid recovery from its lows earlier this year. Fundamentally it is reasonably valued, trading at about 12X forward earnings, with an estimated growth rate of 8%-10% in terms of earnings per share. Over the last 5 years, it has delivered an annual dividend growth rate of over 10%, and going forward he expects it to be 8%-9%. Dividend yield of 1.79%. investment companies/funds 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $64.790 Owned Yes
WAIT	American Express(AXP-N) July 19, 2016 Got Stopped out of this about a year ago. Felt that the brand was getting a little bit tarnished when Costco (COST-Q) walked away. He would prefer Visa (V-N) instead. They are reporting shortly and he would wait to see how they have done. investment companies/funds 0 0 0 0 0 0 comments	Got Stopped out of this about a year ago. Felt that the brand was getting a little bit tarnished when Costco (COST-Q) walked away. He would prefer Visa (V-N) instead. They are reporting shortly and he would wait to see how they have done. investment companies/funds 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $64.160 Owned No
COMMENT	American Express(AXP-N) June 7, 2016 A very good company, but he prefers Visa (V-N), because it has the largest electronic payment system in the world. This will give you some dividend growth, but it won’t be very high. investment companies/funds 0 0 0 0 0 0 comments	A very good company, but he prefers Visa (V-N), because it has the largest electronic payment system in the world. This will give you some dividend growth, but it won’t be very high. investment companies/funds 0 0 0 0 0 0 comments Mike Capombassi President, Bristol Gate Capital... Price $65.890 Owned No
DON'T BUY	American Express(AXP-N) April 13, 2016 Financial services segment is quite weak right now. Technically this one has a major uphill climb right now. There is a very consistent negative revision cycle for earnings. Prefers Visa (V-N) or MasterCard (MA-N). investment companies/funds 0 0 0 0 0 0 comments	Financial services segment is quite weak right now. Technically this one has a major uphill climb right now. There is a very consistent negative revision cycle for earnings. Prefers Visa (V-N) or MasterCard (MA-N). investment companies/funds 0 0 0 0 0 0 comments Cameron Hurst Chief Inve, Equium Capital Manag... Price $62.160 Owned Unknown
DON'T BUY	American Express(AXP-N) April 6, 2016 It has a bit of an uphill battle to get back to double digit EPS growth. Visa is at 15%. A lot of competition has come through. He prefers other credit card names. investment companies/funds 0 0 0 0 0 0 comments	It has a bit of an uphill battle to get back to double digit EPS growth. Visa is at 15%. A lot of competition has come through. He prefers other credit card names. investment companies/funds 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $59.880 Owned No
COMMENT	American Express(AXP-N) December 22, 2015 He fundamentally believes in the company. They have a closed loop network. A great company and well-run. Right now this is not the best stock. Earnings revisions have been down. They lost the Costco exclusive. Right now he would prefer a Visa (V-N) or MasterCard (MA-N). (See Top Picks.) investment companies/funds 0 0 0 0 0 0 comments	He fundamentally believes in the company. They have a closed loop network. A great company and well-run. Right now this is not the best stock. Earnings revisions have been down. They lost the Costco exclusive. Right now he would prefer a Visa (V-N) or MasterCard (MA-N). (See Top Picks.) investment companies/funds 0 0 0 0 0 0 comments Cameron Hurst Chief Inve, Equium Capital Manag... Price $68.850 Owned Unknown
COMMENT	American Express(AXP-N) July 22, 2015 The natural reaction in a discussion in this company is that if interest rates rise, are they going to suffer greater credit losses which will inhibit earnings. Probably not because the profile of the average American Express card holder is very positive and tends to be wealthier individuals. He prefers the Visa (V-N), MasterCard (MC-N) group over this company’s model. This one takes on credit risks, while the other 2 are just transaction companies. (See Top Picks.) investment companies/funds 0 0 0 0 0 0 comments	The natural reaction in a discussion in this company is that if interest rates rise, are they going to suffer greater credit losses which will inhibit earnings. Probably not because the profile of the average American Express card holder is very positive and tends to be wealthier individuals. He prefers the Visa (V-N), MasterCard (MC-N) group over this company’s model. This one takes on credit risks, while the other 2 are just transaction companies. (See Top Picks.) investment companies/funds 0 0 0 0 0 0 comments Gordon Reid President, GoodReid Investment ... Price $78.990 Owned Unknown
DON'T BUY	American Express(AXP-N) July 7, 2015 Would be more inclined to play Visa (V-N) in this area, as it is showing better International growth. They are all facing the same headwinds of more competition from online payments. Visa has done a better job even though it is a little bit more expensive. You are better off owning the better grower. investment companies/funds 0 0 0 0 0 0 comments	Would be more inclined to play Visa (V-N) in this area, as it is showing better International growth. They are all facing the same headwinds of more competition from online payments. Visa has done a better job even though it is a little bit more expensive. You are better off owning the better grower. investment companies/funds 0 0 0 0 0 0 comments John Zechner Chairman, J. Zechner & Assoc... Price $77.550 Owned Unknown

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