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BUY
American Express

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%.

investment companies / funds
PAST TOP PICK
American Express
(A Top Pick Jul 22/22, Down 2%)

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. 

investment companies / funds
STRONG BUY
American Express

Shocked that it trades below 15x forward PE. Constant-currency business is up 12%. Good mix of revenues and are managing operational expenses. US consumer growth is 13%, international is 23%. Much cheaper than Mastercard.

investment companies / funds
BUY
American Express

The valuation of Visa and Mastercard has been elevated, but the growth has supported it. AmEx has the cheaper valuation; they benefit from international travel. He prefers AXP. He owns a little Visa. The future of payments processing? It's Apple Pay, which kids use through their phones. The sector has a lot of moving parts and competition, so it's hard to say where it's going.

investment companies / funds
BUY
American Express

Spending, travelling and higher interest rates are catalysts.

investment companies / funds
BUY ON WEAKNESS
American Express

Likes it, but prefers Mastercard while others like MA and Visa. Expectations heading into AXP's recent quarter were too high--and remain too high. Let this come down a little more before it bottoms.

investment companies / funds
WATCH
American Express

He owns Visa and Mastercard, but not AmEx over its debt-to-equity ratio. AmEx does have strong momentum now, though. It is approaching tougher comps, but this is a buying opportunity because it can be perceived as weakness. All told, he is considering buying this.

investment companies / funds
BUY ON WEAKNESS
American Express

Reported a mixed quarter, but she has faith and is holding on and even bought more. Why? the US consumer grew 13% and international card spend grew 23%. Overall card member spend is at an all-time high. She bought on today's dip and expects AmEx to grow earnings substantially this year.

investment companies / funds
BUY
American Express

Reported a mixed quarter, but another record revenue quarter. Likes it. Are concerns over higher provisions and some delinquencies. 60% of new cardholders are millennials which is really a good growth opportunity.

investment companies / funds
BUY
American Express

Overall volumes rose 16% YOY as cross-border travel continues to increase.

investment companies / funds
BUY
American Express

Shares popped last Friday on strong travel figures in the jobs report. Some see the end of the post-Covid travel boom. He disagrees.

investment companies / funds
BUY
American Express
Upgraded today

They had a great quarter and is now trading at an historic low of 12x. A high proportion of their sales comes from travel/leisure which is strong.

investment companies / funds
BUY
American Express
Allan Tong’s Discover Picks

AmEx reported Q1 on April 20 that revenue rose 22% year-over-year to achieve a quarterly record. Notably, Card Member spending climbed 16% on an FX-adjusted basis while shared Travel and Entertainment spending jumped 39%. U.S. consumer services revenue jumped 25% YOY while commercial services revenue added 15%. International card services revenue increase 22% and global merchant and network services revenue rose 23%. Read Travel winners & losers for our full analysis.

investment companies / funds
BUY
American Express

AmEx reported last week that YOY goods and services revenues were up 10%, travel and entertainment up 30%, GenXers spending 14% more and Millennials and GenZ 28%.

investment companies / funds
BUY
American Express

It reports Thursday. Had a fine previous quarter. Cross-border travel is a big deal, so look for comments.

investment companies / funds
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American Express(AXP-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 16

Stockchase rating for American Express is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

American Express(AXP-N) Frequently Asked Questions

What is American Express stock symbol?

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

Is American Express a buy or a sell?

In the last year, 16 stock analysts published opinions about AXP-N. 16 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for American Express.

Is American Express a good investment or a top pick?

American Express was recommended as a Top Pick by on . Read the latest stock experts ratings for American Express.

Why is American Express stock dropping?

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.

Is American Express worth watching?

16 stock analysts on Stockchase covered American Express In the last year. It is a trending stock that is worth watching.

What is American Express stock price?

On 2023-11-27, American Express (AXP-N) stock closed at a price of $164.04.