Is It Time To Reconsider American Express (AXP) After The Recent Share Price Pullback
- If you are wondering whether American Express shares still offer value after their long run, the key is to understand how the current price stacks up against a range of valuation checks.
- The stock last closed at US$337.50, with recent returns of 9.7% over 1 year, 97.3% over 3 years and 172.2% over 5 years. Over the past week and month the share price declined by 6.0% and 7.5% respectively, and year to date the return is 9.5% lower.
- Recent headlines around American Express have focused on its role as a major payments and card network, along with broader discussions about consumer spending trends and credit quality for large U.S. lenders. These themes help frame how investors are thinking about growth potential and risk, which often…
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