American Express-This Ridiculously Cheap Warren Buffett Stock Could Help Make You Richer

Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) completed its $1.3 billion investment into American Express (AXP 0.59%) in 1995. Since then, its investment in the bank holding and payments giant has grown to$ 32 billion, and it received approximately $352 million in dividends in 2023 alone. Despite not buying any additional shares of American Express since 1995, Berkshire's stake has grown from nearly 10% to 21% stake through steady buybacks.Today, American Express stock trades near an all-t ...