Josh Brown's best stocks in the market: American Express

分组1 - Zions Bancorporation's stock rose nearly 3% after reporting a loss of $1 billion in market cap due to $60 million in loans deemed unlikely to be repaid, highlighting the challenges faced by regional banks [1] - Wells Fargo views the current situation as a buying opportunity for regional banks, suggesting potential recovery in the sector [1] - The upcoming earnings reports from Zions and Western Alliance are anticipated to provide further insights into the health of regional banks [2][4] 分组2 - American Express (AMX) is highlighted as a strong performer in the financial sector, with a significant increase in stock price from $168 to $348 since July 2023, driven by a solid balance sheet and favorable market conditions [14] - The company has implemented an aggressive long-term share buyback plan, reducing its float from 1.2 billion shares to under 700 million shares from 2005 to 2025, which has positively impacted its stock value [11][12] - AMX is positioned well with a 20 times earnings multiple and projected 13% earnings growth, making it an attractive investment compared to higher multiple stocks with lower growth [16]