Could Buying American Express (AXP) Today Set You Up for Life?
American Express' (NYSE: AXP) stock has rallied nearly 550% over the past ten years. If we include reinvested dividends, it delivered a total return of 644% -- easily beating the S&P 500's total return of 330%. Will a fresh investment in this blue chip stock today set you up for life? Why is American Express an evergreen investment? American Express is often considered a credit card company, but it doesn't operate the same business model as Visa (NYSE: V) or Mastercard (NYSE: MA). Unlike those two credit c ...