American Express Stock Hit an All-Time High Recently: My Prediction for What Comes Next

The credit card giant continues to win among younger shoppers. Investors have underrated American Express (AXP 1.85%) for years. Competing payment networks Visa and Mastercard dominate the payments discussion and trade at premium valuations. And yet, over the past five years, American Express stock is actually outperforming both Visa and Mastercard. I bet few people would assume this was the case. Less than two weeks ago, American Express hit an all-time high after posting strong earnings yet again for the ...