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Josh Brown’s Best Stock Idea: American Express (AXP)- Says Stock Can Hit $400
Yahoo Finance· 2025-11-03 20:25
We recently published 10 Stocks Everyone’s Discussing Amid Latest Earnings Season. American Express Company (NYSE:AXP) is one of the stocks everyone's discussing. Josh Brown, CEO of Ritholtz Wealth Management, explained in a recent program on CNBC why he likes American Express. He believes AXP’s wealthy client base is one of the top catalysts for the company’s growth. “American Express Co (NYSE:AXP) is, in addition to being the primary financial to capitalize on the fact that 50% of the spending in this ...
Analyst Explains Why He’s Bullish on American Express (AXP) – ‘Millennials and GenZ Are in This Ecosystem’
Yahoo Finance· 2025-09-24 09:01
Group 1 - American Express Company (NYSE: AXP) is gaining attention from analysts, with a positive outlook on its stock performance, particularly among younger consumers [1][2] - In Q1, American Express reported an 8% revenue increase at constant currency, contributing to a stock rise of 18.6% in Q2, nearing its all-time high [2] - The company is focusing on Millennials and Gen Z, who now represent 35% of total US consumer spending, and is enhancing its product offerings to capture this demographic [2] Group 2 - Recent upgrades to American Express's US Consumer and Business Platinum cards are expected to strengthen its market position and customer loyalty [2] - The company is expanding its commercial offerings, particularly in working capital and expense management, which may increase transaction volumes and switching costs for commercial card users [2] - Despite the positive outlook for American Express, some analysts believe that certain AI stocks may offer higher potential returns with lower risk [2]
UPS and American Express (AXP) Announce An Expanded Agreement
Yahoo Finance· 2025-09-12 10:50
Group 1 - American Express Company (NYSE:AXP) is recognized as one of the best stocks to invest in for the next five years, supported by an expanded agreement with UPS to assist small businesses [1] - In Q2 2025, American Express reported a 9% year-over-year revenue increase, reaching a record $17.9 billion, with adjusted EPS rising by 17% [2] - The company experienced record card member spending in Q2 2025, driven by higher card member spending, increased net interest income, and robust card fee growth [2] Group 2 - American Express's affluent customer base contributed to an 18.6% increase in stock performance in Q2 2025, with revenues up 8% at constant currency [3] - The company is focusing on younger consumers, with Millennials and Gen Z accounting for 35% of total US consumer spending, which is expected to strengthen its network effect [3] - Recent product launches aimed at working capital and expense management are expected to expand transaction participation and increase switching costs for commercial card users [3]