American Express(AXP)
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3 Fintech Stocks Riding the AI Wave Higher
Investor Place· 2024-07-15 20:30
The fintech stocks had their heyday back in 2020-21 when it was thought they’d pose a serious threat to the market share of traditional financial institutions (think the banks). When the pandemic lockdowns happened and online shopping went into overdrive in what was a “roaring start” to the 2020s, it seemed like the market’s fintech darlings could only go higher. The blistering momentum eventually ran out of steam, and fintech stocks were among the first of the dominoes to fall as the 2022 market sell-off u ...
The 3 Most Undervalued Stocks With Strong Fundamentals to Buy in July 2024
Investor Place· 2024-07-14 13:00
Fundamental analysis focuses on a company’s finances, catalysts, valuation, and other components that impact a stock’s long-term performance. It doesn’t consider technical indicators like 50-day moving averages and oscillators. Looking at long-term stocks also makes it easier to invest. Instead of timing the stock market and looking for opportunities to sell your shares at high prices, investors can take a more passive role if they focus on the fundamentals.A passive approach can go wrong if companies becom ...
The 3 Most Undervalued Blue-Chip Stocks to Buy in July 2024
Investor Place· 2024-07-12 11:42
Blue-chip stocks tend to carry less risk than micro-cap stocks. Investing in established corporations with vast moats and plenty of recognition can lead to steady gains in the long run.Some household names are better than others, and investors can find several opportunities that feature undervalued blue-chip stocks. These stocks offer a higher margin of safety than most publicly traded corporations. Furthermore, each of these companies is still displaying solid growth numbers. These aren’t companies that ha ...
American Express (AXP) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-07-09 22:56
In the latest market close, American Express (AXP) reached $237.75, with a +1.38% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.07%. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.14%.Shares of the credit card issuer and global payments company have appreciated by 0.89% over the course of the past month, outperforming the Finance sector's loss of 5.5% and lagging the S&P 500's gain of 4.34%.The investment ...
AmEx (AXP) Launches Rewards Card for Australia's Gen Z & Millennials
ZACKS· 2024-07-08 17:47
American Express Company (AXP) recently introduced the American Express Essential Rewards Credit Card, which is infused with lucrative rewards that can be availed for expenses incurred on dining, retail and streaming services. The card carries a monthly fee of $9.Cardholders can earn five points per dollar spent at restaurants, cafes, bars, fast-food outlets and select food delivery services in Australia. Additionally, they can earn three points per dollar on some of the specific major streaming services, t ...
Warren Buffett's top 3 stock picks for the end of 2024
Finbold· 2024-07-08 10:00
Stock picking might be challenging, with new investors often making mistakes in their selection. For those who want to play it safe and borrow some knowledge from the market legends, there is no better investor than Warren Buffett.Also known as “Oracle of Omaha,” Buffett is the CEO of Berkshire Hathaway (NYSE: BRK.A), a successful investment firm that is led by his ideology of compound investing, with stock pickings that offer dividend payments and are an optimal pick for novice and veteran stock investors ...
Inflation-Beating Income: 7 Blue-Chip Stocks Raising Dividends 10%+ Annually
Investor Place· 2024-07-02 10:00
Dividend stocks give investors the opportunity to beat inflation. While most dividend-paying corporations raise their dividends each year, some of those growth rates regularly exceed inflation. Luckily, it’s been getting easier to beat inflation. Core PCE only increased by 2.6% year-over-year in May, indicating a potential cool down.While a stock’s dividend payout only needs to increase by the rate of inflation to keep up, some companies have maintained double-digit dividend growth rates for several years. ...
Wall Street Oasis: 3 Growth Stocks to Turn $50k Into $250K by 2035
Investor Place· 2024-06-29 16:00
Investing in high growth stocks to buy offers an opportunity to multiply one’s wealth over the long term. While the stock market is inherently volatile, finding these hidden gems that can outperform the market can lead to substantial gains. The appeal in these companies lies in their ability to grow their revenue and earnings at an accelerated pace. For investors looking to multiply their $50,000 investment into a quarter of a million dollars by 2035, the journey will require strategic foresight. Investors ...
3 Stocks to Buy for Growth and Downside Protection
Investor Place· 2024-06-28 15:27
Most stocks present investors with two choices: growth or downside protection. A company like Nvidia (NASDAQ:NVDA) can generate sizable returns if it continues to grow. However, a slowdown in AI spending or unsavory macroeconomic conditions can result in a sharp correction. Verizon (NYSE:V) investors don’t have to worry about a sharp and sudden decline. The telecom giant isn’t going anywhere and has a 15 P/E ratio. The 6.61% yield is a big draw for Verizon, but the stock hasn’t been a good performer. Shares ...
Here's Why American Express (AXP) Gained But Lagged the Market Today
ZACKS· 2024-06-26 22:55
In the latest market close, American Express (AXP) reached $230.68, with a +0.04% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.16%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.49%.Shares of the credit card issuer and global payments company have depreciated by 2.81% over the course of the past month, underperforming the Finance sector's loss of 0.22% and the S&P 500's gain of 3.22%.The investment community ...