Stock Performance - The stock of the credit card issuer and global payments company fell by 1.19% in the past month, underperforming the Finance sector's loss of 4.94% and the S&P 500's loss of 0.36% [1] - American Express (AXP) closed the latest trading day at $297.33, indicating a -1.24% change from the previous session's end, lagging the S&P 500's daily loss of 1.07% [2] Earnings and Revenue Projections - The company is scheduled to release its earnings on January 24, 2025, with projected earnings per share (EPS) of $3.02, reflecting a 15.27% increase from the same quarter last year [6] - The latest consensus estimate calls for revenue of $17.19 billion, up 8.82% from the prior-year quarter [6] - For the full year, analysts are expecting earnings of $13.41 per share and revenue of $65.97 billion, marking changes of +19.63% and +9.01%, respectively, from last year [8] Valuation Metrics - American Express has a Forward P/E ratio of 22.45, trading at a premium compared to its industry's average Forward P/E of 12.22 [9] - The company's PEG ratio is currently 1.72, higher than the Financial - Miscellaneous Services industry's average PEG ratio of 1.01 [4] Analyst Estimates and Rankings - The Zacks Consensus EPS estimate has shifted 0.1% upward over the past month, and American Express currently holds a Zacks Rank of 3 (Hold) [7] - The Financial - Miscellaneous Services industry holds a Zacks Industry Rank of 61, positioning it in the top 25% of all 250+ industries [12] Industry Context - The Financial - Miscellaneous Services industry is part of the Finance sector, which has seen a loss of 4.94% in the past month [1][12]

History proves time and time again that long-term investing is one of the best ways to build wealth in the stock market. The key to achieving this is buying and holding shares of quality companies that can perform across economic and market cycles and allowing your investments to grow over time.One important part of long-term investing is diversifying your portfolio across various sectors. The financial industry offers a wide range of companies that provide essential services across the economy and can thri ...

Warren Buffett once wrote, "The weeds wither away in significance as the flowers bloom." Weeds represented poor-performing stocks in a portfolio, while flowers represented winning stocks. Using Buffett's analogy, his Berkshire Hathaway garden had lots of blooming flowers in 2024.Some of those flowers are more beautiful than others. These three stocks have made Buffett the most money in 2024. Are they no-brainer buys for the new year?1. Jefferies Financial GroupJefferies Financial Group (JEF 1.37%) ranks as ...

In the latest trading session, American Express (AXP) closed at $298.80, marking a +0.05% move from the previous day. This change lagged the S&P 500's 0.73% gain on the day. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw an increase of 0.98%.The the stock of credit card issuer and global payments company has fallen by 0.88% in the past month, leading the Finance sector's loss of 2.93% and undershooting the S&P 500's gain of 0.34%.Analysts and investors alike will be ...

Warren Buffett appears to be on track to beat the S&P 500 again in 2024, but not by much. Berkshire Hathaway's shares are up year-to-date only around 3% more than the S&P.However, some of the stocks in Berkshire's portfolio are faring significantly better. These three dividend stocks owned by Buffett have trounced the market this year. Can they do it again in 2025?1. American ExpressBuffett has owned shares of American Express (AXP 1.90%) for decades. The credit card giant ranks as the second-largest holdin ...

Warren Buffett's decades of investing success has led many investors to try to follow in his footsteps. While there's no way to replicate the growth Berkshire Hathaway's portfolio has achieved under Buffett's longtime tenure as CEO, there are a handful of stocks the company owns that investors should consider buying.Two no-brainer Buffett investments to buy right now are American Express (AXP 1.84%) and the Vanguard S&P 500 ETF (VOO -0.04%). Here's why.1. American ExpressBuffett has a long history with Amer ...

The $299 billion investment portfolio Warren Buffett oversees at Berkshire Hathaway may house three prominent stock splits in the new year.Over the last two years, artificial intelligence (AI) has been the hottest thing since sliced bread on Wall Street. The virtually limitless ceiling that AI offers has professional and retail investors salivating. However, AI isn't the only catalyst that's been sending the broader market higher. In 2024, excitement surrounding stock splits has played an undeniably importa ...

Berkshire Hathaway, the conglomerate long headed by Warren Buffett, owns dozens of stocks in its massive public equities portfolio. Investors would be wise to look here for potential buying opportunities.One unstoppable financial stock with a 15% weighting in the Oracle of Omaha's portfolio has soared 58% in 2024 (as of Dec. 9). Should you invest $100 in this company right now?Unique position in the payments landscapeThe financial services business that has crushed the market this year is credit card heavyw ...

Investors follow Warren Buffett's moves carefully, but he makes surprisingly few moves overall. A typical hedge fund has thousands of stocks that get traded frequently, but Berkshire Hathaway is a holding company with a different approach to its equity portfolio.Warren Buffett has called himself a business picker, not a stock picker, and looks to maximize gains over the long term by investing in high-quality companies. He concentrates on a small number of stocks, typically around 45, that he has confidence ...

Warren Buffett's Berkshire Hathaway (BRK.A 0.07%) (BRK.B -0.01%) has been selling stocks at a higher clip than usual this year. Through the first three quarters of 2024, Berkshire sold $133 billion worth of stocks. This mostly reflects recent sales of Berkshire's largest holding, Apple, but it also trimmed its Bank of America stake, which has also been a sizable investment for Berkshire in recent years.Here's Berkshire Hathaway's top four holdings at the end of Q3 and each position's market value:Apple: $69 ...