American Express: Reassuring Consistency And Stability

funky-data Recap American Express (NYSE:AXP) reported strong earnings on Friday, with revenue of $15.8B growing 11% year-on-year and EPS of $3.33 growing a substantial 39%. The stock jumped over 6% as investors were satisfied that management's 2024 guidance was on-track, and consumer credit remains healthy. The reassuring consistency and stability of AXP, stood in contrast to the bloodshed Friday in names such as NVIDIA (NASDAQ:NVDA), and Super Micro Computer (NASDAQ:SMCI). The confidence surge in AXP r ...