The credit-card company posts quarterly earnings that slightly miss Wall Street expectations.
American Express stock fell after Q4 earnings missed estimates at $3.53 per share, though revenue beat expectations rising 10% to $18.98 billion.
This top Berkshire stock has performed extremely well in the past five years.
Year to date, Amex's stock has fallen by 2% as concerns about the government putting a 10% cap on credit card interest rates ...
A $1,000 stake in American Express has more than tripled in the last five years alone.
American Express stock would need to register an unbelievable 38% annualized gain throughout the rest of the decade. Management believes the business can put up mid-teens earnings-per-share growth ...
American Express and Visa are both long-term Berkshire investments. Visa's lightweight business model allows it to expand more quickly than American Express. But American Express is better insulated ...
As recession fears mount and market volatility increases due to tariff concerns, investors are scrambling to find stocks that can weather economic storms. American Express (NYSE:AXP) is now being seen ...
American Express is a payment processing company with an iconic name. The company's customer base tends to be wealthier and financially resilient. American Express' stock, long owned by Warren Buffett ...
Warren Buffett will step down as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) by the end of this year, and many investors are likely wondering whether his successor, Greg Abel, can maintain ...
There's little question that American Express has a great business. As a payment processor, it connects sellers with buyers as transactions occur, charging a very small fee per transaction. But add up ...
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