American Express Stock News

Part of Berkshire Hathaway (NYSE: BRK.A) CEO Warren Buffett's success is his ability to identify stocks with long-term growth potential.

Part of Berkshire Hathaway (NYSE: BRK.A) CEO Warren Buffett's success is his ability to identify stocks with long-term growth potential.

Buffett loves economic moats, and this company has one thanks to its powerful brand. At its current price-to-earnings ratio, the stock is expensive relative to recent history.

American Express Company (NYSE:AXP ) 25th Annual Scotiabank Financials Summit 2024 Conference September 4, 2024 11:50 AM ET Company Participants Anna Marrs - Group President of Global Commercial Services and Credit & Fraud Risk Unidentified Company Representative So, I'm delighted to start our keynote presentation of the day. It's really a pleasure to call to the stage Anna Marrs, Group Preside...

American Express is well-positioned to perform well due to its focus on high-income consumers, who are less affected by inflation and economic downturns. Recent consumer confidence data shows increasing optimism, particularly among higher-income groups, suggesting the market's negative outlook on consumer spending is overstated. American Express' strong ROE and conservative EPS growth assumptio...

American Express has a wide moat supported by a strong brand image, evidenced by a more affluent customer base, as well as an impeccable network effect. As EPS growth is expected to overtake Visa and predictability increases, the stock should see multiple expansion. I rate American Express stock a buy on its wide moat, accelerating growth paired with a modest valuation, and relatively low risk.

UNIPaaS partners with American Express, enabling SaaS platforms to offer Amex card payment options to their users for more efficient payment collection.

It used to be said, “As goes General Motors, so goes the nation.