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AXP - Is It Too Late to Buy American Express Stock?
American Express Company
2024-03-28 08:23:00 ET
Credit card company American Express (NYSE: AXP) has been on a roll since the calendar turned over. Shares are up 21% since January. Now at 52-week highs, the question is whether this run can keep going or if investors on the sidelines have missed the boat.
Fear not; there is still an opportunity to be had.
Long-term investors are looking at potential consumer tailwinds over the coming years, and growth could remain resilient despite household credit card debt sitting at record highs today.