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American Express: A Fintech Powerhouse With Growth Momentum, Buy
EXPRExpress(EXPR) Seeking Alpha·2024-07-01 10:18

American Express (NYSE:AXP) is a financial services company that's been experiencing strong growth. Their revenue grew 11% YoY in Q1 2024 with EPS soaring 39%. The company itself projects full year revenue growth of 9% to 11% and EPS growth of 13% to 17%. This positive performance is backed by strong credit quality with delinquency rates remaining low. I originally started this article to analyze if AXP was a good candidate for my "value with potential portfolio" and I found that an attractive feature of AX ...