Buy the Surge in American Express Stock (AXP) as Q4 Earnings Approach?

Quarterly results from several of the major credit card companies will be a highlight of this week’s earnings lineup with a spotlight on American Express (AXP)  in particular.Hitting fresh 52-week highs of $319 a share on Tuesday, AXP has soared over +70% in the last year. This has impressively outperformed the broader indexes and many of its credit card peers including Capital One’s (COF)  +49% and Mastercard’s (MA)  +20%.That said, let’s see if the surge in American Express stock can continue as its Q4 ea ...