Earnings Growth & Price Strength Make American Express (AXP) a Stock to Watch
Building an investment portfolio from scratch can be difficult, especially if you’re new to investing. It’s easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.
Let’s now take a look at one standout stock that could be a perfect fit for your portfolio.
Founded in 1850, NY-based American Express Company is a diversified financial services company, offering charge and credit payment card products, and travel-related services worldwide. AmEx earns revenue through both transaction fees and interest income, supported by a closed-loop payment network. Unlike open-loop peers (e.g., Visa or…
