Warren Buffett is considered one of the greatest investors of all time. A value investor at heart, his shrewd business sense and calm during market corrections have rewarded Berkshire Hathaway shareholders handsomely.One ingredient to Berkshire's secret sauce is simply finding good companies and holding them over time. Here's the reasoning behind Berkshire holding Coca-Cola (KO -0.82%) and American Express (AXP 0.11%) for over 30 years and the value in finding quality dividend stocks and holding them over m ...

American Express (AXP 0.11%) and Visa (V 0.18%) are both legendary stocks.Visa shares have skyrocketed 20 times in value since the company's initial public offering (IPO) in 2008. American Express shares, meanwhile, have increased in value by nearly 6,000% since 1977, the year of its IPO.Both companies operate high-quality businesses with proven long-term track records. But which stock is a better buy right now?Invest in this type of businessOne of the most powerful advantages a company can have is the magi ...

It's no secret that investing guru Warren Buffett loves Coca-Cola (KO -0.82%) and American Express (AXP 0.11%) stocks. Although he's generous with his investing advice, he doesn't typically address specific positions in the Berkshire Hathaway portfolio. But he has been singing these two companies' praises for years.He was touting them again in his annual shareholder letter released in late February, giving investors another peek into his approach to investing.Not big on newcomersDespite the fact they're ope ...

In the latest trading session, American Express (AXP) closed at $219.42, marking a +0.64% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.52%. Meanwhile, the Dow experienced a rise of 0.12%, and the technology-dominated Nasdaq saw an increase of 0.9%.The credit card issuer and global payments company's stock has climbed by 8.61% in the past month, exceeding the Finance sector's gain of 2.95% and the S&P 500's gain of 3.85%.The upcoming earnings release of American ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...

winhorseIntroduction The financials sector is interesting in these volatile times as investors wait for the Federal Reserve to cut rates while the economy is still booming. In these unique conditions, investors seek companies that withstand a challenging era and a more uncertain business environment. In the financial sector, these are primarily blue chips that have shown responsible risk management capabilities before and during the financial crisis of 2008-9. These companies are poised to grow while ma ...

American Express Company (NYSE:AXP) Conference Call Summary Company Overview - **Company**: American Express Company - **Date**: February 27, 2024 - **Participants**: Christophe Le Caillec (CFO), Sanjay Sakhrani (KBW) Key Points Company Performance and Growth Strategy - The stock has performed well, with a **25% revenue growth in 2022** and **15% in 2023**, indicating a successful growth plan post-pandemic [3][4] - The company is focused on executing its existing strategy without the need for M&A or major transformations, which provides confidence in its growth trajectory [4][5] - The revenue pool for payments is growing at **7-8% CAGR**, providing a solid foundation for American Express to achieve double-digit growth [8] Revenue Growth Drivers - Card fees are expected to grow, with a **17% increase** anticipated, particularly in late 2024 [7] - The company plans to refresh **40 products** in 2024, up from **20 in 2023**, which is expected to drive growth [11][14] - The growth of card fees is attributed to onboarding more fee-paying members and high renewal rates, demonstrating strong customer loyalty [12][13] Target Demographics - American Express is successfully attracting younger cohorts (Millennials and Gen Z), which are contributing significantly to growth [21][22] - The average FICO score for younger card members is **750**, indicating a strong credit profile [23] - The company expects relationships with younger members to last **18 years longer**, enhancing long-term value [24] Travel and Entertainment (T&E) Spending - T&E spending increased by **9%** in Q4, with restaurant spending up **11%**, indicating continued consumer engagement [31] - Corporate T&E spending has not returned to pre-COVID levels, with variations across industries [32] Small Business Segment - Demand for new small business card members is strong, but existing members are spending less, leading to negative organic spend [34][35] - The company anticipates that spending levels will stabilize around Q4 levels [35] Net Interest Income (NII) - NII grew by **30%**, with lending balances up **17%**, indicating effective management of funding costs and asset growth [38] - The introduction of the "pay over time" feature for premium products is a significant contributor to balanced growth [38] International Markets - International growth is strong, particularly in key markets like Japan, Australia, the UK, Canada, and Mexico, with potential for sustained double-digit growth [40][41] Competitive Landscape - Increased competition in the premium space is viewed positively, as it expands the category and benefits American Express as the market leader [43] - The merger between Capital One and Discover is not expected to impact American Express's growth plans significantly [46] Conclusion - American Express is well-positioned for continued growth through its strategic focus on premium products, younger demographics, and international markets, while effectively managing competition and economic challenges [44][46]

Key PointsQuad is a global full-service marketing solutions firm with notable clients, including Target, American Express, Conagra and General Mills.Quad lowered its net debt by 55% or $564 million in the past 4 years, bringing its Net Debt Leverage to 2X at the end of 2023.Quad reinstated its dividend and bought back 2.9 million shares in 2023.5 stocks we like better than Quad/GraphicsQuad/Graphics Inc. NYSE: QUAD is a global full-service marketing solutions firm for commercial clients in the retail, healt ...

Warren Buffett continues to like bank stocks. Some of the biggest positions in the Berkshire Hathaway (NYSE:BRK-A/NYSE:BRK-B) portfolio are in banks and financial institutions. For years, Buffett has favored the cash generated by lenders. He also likes the earned interest on loans and their comparative immunity to economic cycles. While he has sold some bank stocks over the years, he’s stood by his largest positions in lenders. Additionally, he maintained many positions throughout varied economic times, inc ...

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.Shares of this credit card issuer and global payments company have returned +8% over the past month versus the Zacks S&P 500 composite's +3.8% change. The Zacks Financial - Miscellaneous Services industry, to which American Express belongs, has gained 3% over this period. Now the key question is ...