AmEx Up 69% in Past Year: More Growth on the Horizon?

Shares of American Express Company (AXP) have gained 69% in the past year compared with the industry’s 22.3% growth. The Finance sector and the S&P 500 composite index rallied 25% and 24.8%, respectively, in the same time frame. With a market capitalization of $220.2 billion, the average volume of shares traded in the last three months was 2.5 million.American Express benefits from rising consumer spending, sustained travel demand, enhanced digital services and adequate cash generation abilities supporting ...