Is American Express Stock a Millionaire Maker?

Group 1 - American Express is a well-positioned business with strong backing from Warren Buffett, indicating confidence in its potential [1][5][7] - The company generated $17.9 billion in revenue in Q2 2025, reflecting a 9% year-over-year increase, which contributed to a 17% rise in earnings [2] - American Express focuses on wealthier customers, who have shown resilience in spending despite broader economic concerns, contrasting with trends seen in lower-priced retailers [3][4] Group 2 - The company's stock is near all-time highs, but caution is advised as even great companies can be poor investments if purchased at inflated prices [6][7] - Warren Buffett's investment philosophy emphasizes buying good companies at attractive prices, which is a consideration for potential investors in American Express [6]