American Express Stock: Bull vs. Bear

During the first six months of 2024, American Express reported revenue growth of 8%. In this same period, adjusted earnings per share soared 21%. Executives expect the top and bottom lines to be up double digits for the full year. This financial stock has performed remarkably well more recently, rising 65% since the start of last November. But before you buy shares in the hopes of riding the momentum, take a step back, and learn the key bull and bear cases for American Express. Investors must understand bot ...