American Express(AXP)

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The 2035 Millionaire's Club: 3 Tech Stocks to Buy Now
Investor Place· 2024-06-14 10:11
Investing in the top tech stocks has the potential to yield significant returns, paving the way for substantial wealth accumulation by 2035. The technology sector has consistently outperformed the market, and holds the largest weighting in the S&P 500 Index. Companies at the forefront of emerging technologies such as artificial intelligence, cybersecurity, biotechnology and renewable energy are poised for rapid growth. As these technologies evolve, companies that adapt and lead in these domains will likely ...
The Dividend Duchesses: 3 Stocks That Will Grace Your Portfolio with Royal Returns
Investor Place· 2024-06-13 17:44
Dividend income, particularly when it is reinvested, can really add up over time. Many of the world’s best investors are focused on dividend payouts and use them to build their portfolio. Look at Warren Buffett’s investment in Coca-Cola (NYSE:KO). The Oracle of Omaha will earn $784 million this year in dividend payments on the 400 million shares of KO stock that he owns.Coca-Cola is one of 47 stocks Buffett currently holds in his massive investment portfolio. Dividend payments are largely responsible for th ...
American Express Company (AXP) U.S. Financials, Payments & CRE Conference (Transcript)
2024-06-12 14:36
American Express Company (NYSE:AXP) U.S. Financials, Payments & CRE Conference June 12, 2024 8:45 AM ET Company Participants Christophe Le Caillec - CFO Conference Call Participants Jeffrey Adelson - Morgan Stanley Jeffrey Adelson Good morning, everybody. My name is Jeff Adelson, Morgan Stanley consumer finance research analyst. Before we get started, I'm just going to quickly read some disclosures, get them out of the way. For important disclosures, please see the Morgan Stanley Research Disclosure website ...
The Dividend Dreamboats: 3 Stocks That Will Make Your Portfolio Swoon
Investor Place· 2024-06-11 18:05
Dividend stocks attract many investors due to their cash flow. You can receive quarterly payouts that grow every year while holding onto your shares. Dividend investors who reinvest their payouts will receive larger dividends every quarter.However, you don’t only have to benefit from cash flow. Some dividend-paying corporations continue to outperform the stock market while distributing cash to their investors. Strong financials are a common pillar for all of these companies. You typically see rising profits ...
American Express (AXP) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-06-10 22:56
In the latest trading session, American Express (AXP) closed at $232.44, marking a -0.1% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.35%.The the stock of credit card issuer and global payments company has fallen by 3.97% in the past month, lagging the Finance sector's gain of 0.75% and the S&P 500's gain of 3.25%.The upcoming earnings release of American Express will ...
American Express (AXP) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-06-10 17:01
American Express (AXP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earn ...
3 Market Insights: Cash App Ads, eBay vs Amex, and ISM Inflation
See It Market· 2024-06-08 17:24
We had some interesting data points come out this week. ISM Service came out with prices decelerating and economic activity perking up slightly. This supports a no landing and /or soft landing thesis.We also received data on Cash App’s advertising strategy and news of Ebay’s potential separation from American Express (Amex). Let’s research and discuss the data:Cash App Ad Strategy: TikTok or SnapChat or Instagram?American Express (Amex) Removed from eBay. Amex removed but implications to eBay?ISM Survey ...
American Express (AXP) Rises 36% in a Year: More Room to Run?
ZACKS· 2024-06-07 19:06
Shares of American Express Company (AXP) have gained 36.4% in the past year compared with the industry’s 12.1% growth. The Finance sector and the S&P 500 composite index rallied 21% and 24.8%, respectively, in the same time frame. With a market capitalization of $167.9 billion, the average volume of shares traded in the last three months was 2.9 million.Enhanced consumer spending, innovative card offerings, a comprehensive digital solutions suite, strategic acquisitions and a robust financial position conti ...
Pounce on These 7 High-Growth Blue-Chip Stocks Now
Investor Place· 2024-06-06 10:30
You can find plenty of growth opportunities if you look for blue-chip stocks. While some stocks in this category are low-risk, low-reward companies, other corporations can generate attractive long-term returns.Some investors like to find hidden opportunities, but you don’t have to look very far to find high-growth blue-chip stocks that can deliver. Corporations with high market caps often amass lofty price points due to impressive fundamentals. Some companies reach $1 billion with very little merit, while i ...
4 Incredible Stocks Berkshire Hathaway Has Held for 13 Years or More
The Motley Fool· 2024-06-06 09:44
These four stocks illustrate Warren Buffett's pragmatic, patient approach to investing.Warren Buffett is a legend on Wall Street. Since becoming CEO of Berkshire Hathaway (BRK.A 0.09%) (BRK.B 0.08%) in 1965, Buffett turned a failing textile business into one of the largest companies in the world today. His company has averaged 20% annualized returns since then, crushing the S&P 500's performance over the same period.One key to Buffett's long-term success is his buy-and-hold approach to investing. He focuses ...