AmEx Stock Trades Near 52-Week High: Is It Still Worth Buying?

American Express Company (AXP) closed at $266.17 on Wednesday, just 2.3% shy of its 52-week high of $272.41. Its shares have gained 16.5% in the past three months, outperforming the industry and the S&P 500 Index. Over this time frame, the industry and the S&P 500 Index gained 1.2% and 3.8%, respectively. Due to its solid prospects, AXP even outperformed its peers Mastercard Incorporated (MA) and Visa Inc. (V) , which have gained 10.5% and 1.1%, respectively, in the same time frame.AXP’s 3-Month Price Perfo ...