American Express (AXP 1.47%) stock has been a rocket. During the past 90 days, the shares have risen by more than 30%.With the stock trading at all-time highs, it's reasonable to question whether the valuation has gotten out of hand. The stock is no longer the bargain it was a couple of months ago, but there are many reasons American Express remains a wonderful buy-and-hold investment.These numbers tell a promising storyIf a certain investment rises considerably in value, that doesn't always mean it's becom ...

The near- and medium-term outlooks for growth stocks have greatly improved in recent weeks. That’s because it appears that the Street has, at long last, realized that relatively small increases in interest rates don’t necessarily portend doom for all growth names. Providing evidence for this assertion, the interest on the ten-year Treasury Note had climbed to 4.28% as of Feb. 16 from 4% at the beginning of the month. Yet the Russell 2000 Index of small-cap firms advanced to 2,032 from 1,983 during the same ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is American Express (AXP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.American Express is a member of our Finance group, which includes 857 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of ...

Thanks to his impressive track record, investor Warren Buffett's moves are followed by many who are looking for top stocks to buy. Investors peek at the holdings of his Berkshire Hathaway for inspiration.Inside the conglomerate's massive $373 billion portfolio, there are dozens of companies. Three of them dominate the payments landscape and should be on every investor's radar. Let's take a closer look at American Express (AXP 0.01%), Visa (V -0.86%), and Mastercard (MA -0.67%).Amex is a top Berkshire positi ...

Thanks to the market's recent rally, many stocks have become uncomfortably expensive. Specifically, the S&P 500 is now priced at more than 22 times its past-12-month profits and more than 22 times its 12-month earnings projections. Both are unusually high compared to long-term norms.Not every ticker has followed suit, however. A handful of stocks are still more than reasonably priced. And, given the backdrop of persistent inflation and a lethargic economy, it might be time to swap out some of your high-flyi ...

If you are looking for a profitable portfolio of stocks offering the best of value and growth investing, try the growth at a reasonable price or GARP strategy.The strategy helps investors gain exposure to undervalued stocks with impressive prospects. Unlike a blend strategy, a portfolio that uses GARP investing is expected to include stocks that offer the best value and growth investing. Modine Manufacturing (MOD) , Microsoft (MSFT) , W.W. Grainger (GWW) and American Express (AXP) are some GARP stocks that ...

American Express (AXP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this credit card issuer and global payments company have returned +16.5%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Financial - Miscellaneous Services industry, which American Express falls in, has gained 5.2%. The key qu ...

Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) completed its $1.3 billion investment into American Express (AXP 0.59%) in 1995. Since then, its investment in the bank holding and payments giant has grown to $32 billion, and it received approximately $352 million in dividends in 2023 alone. Despite not buying any additional shares of American Express since 1995, Berkshire's stake has grown from nearly 10% to 21% stake through steady buybacks.Today, American Express stock trades near an all-t ...

NEW YORK--(BUSINESS WIRE)--On February 14, American Express (NYSE: AXP) will open a new Centurion Lounge at Hartsfield-Jackson Atlanta International Airport (ATL), the busiest airport in the world. At nearly 26,000 square feet, it is the largest lounge in the Centurion Lounge network. It features a locally-inspired menu from Atlanta-based Chef Deborah VanTrece, numerous seating options for guests to relax or work before their flight, outdoor terraces with views of the airfield, and The Reserve by American E ...