AXP News and Press, American Express Company From 11/12/23

2023-11-12 07:32:00 ET American Express (NYSE: AXP) has a long-standing reputation associated with luxury and a high-quality customer base. The company has proven itself an excellent long-term performer but has faced some challenges this year, as economic headwinds weigh on the cons...

2023-11-11 13:00:00 ET Summary In today’s article, I will show you the current allocation of the 20 largest positions of my personal investment portfolio. I will demonstrate that the portfolio is relatively concentrated, with 5 positions accounting for 50.79% of the overall...

2023-11-10 16:05:35 ET Summary Our 3-step process focuses on wide-moat stocks (as per Morningstar’s rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of the most investable candidates that may b...

2023-11-10 11:24:33 ET Summary American Express reports strong financial performance in Q3 2023 with significant increases in net income and revenues. The company maintains robust credit metrics and experiences growth across all business segments. Technical analysis suggests a...

2023-11-09 06:10:00 ET Billionaire investor Warren Buffett knows how to pick winners in the stock market. And there's no big secret about the types of companies he likes to invest in. He values consistency, profitability, and companies whose futures remain bright. The top five holdings ...

2023-11-08 03:52:00 ET Americans' credit card debt swelled to a record $1.08T in Q3, up $154B from Q3 2022, amid strong consumer spending, according to the Federal Reserve Bank of New York. This marks the largest increase since the NY Fed began tracking household debt in 1999. Tota...

2023-11-02 14:20:47 ET The Dow Jones Industrial Average (DJIA), often referred to as “the Dow,” is a significant barometer of the U.S. stock market’s health. It consists of thirty blue-chip stocks , which are large, industry-leading companies known for their financi...

2023-11-02 13:32:59 ET Summary American Express is undervalued after a decline in 2022 and has solid earnings growth prospects. AXP had a strong quarter with non-GAAP earnings exceeding expectations and total network volumes increasing. The stock is above a key support area, b...

2023-11-01 06:15:00 ET After an early rally this year, when the S&P 500 was up nearly 20% and almost entered another bull market , the index tumbled and is up only 9% in 2023. It's lost roughly 10% since the end of July, and as it notches a further loss in October, it's down for...

2023-10-31 08:00:00 ET Investing in the stock market doesn't have to be complicated. By focusing on industry-leading businesses that have strong financials, economic moats, and attractive valuations, investors can do well over the long term. And it doesn't take a lot of initial capital to...