Where Will American Express Be in 5 Years?
It seems like there are an unlimited number of companies out there offering credit cards. That might be the case, but American Express (NYSE: AXP) stands out above the crowd. Founded in 1850, the business has carved out a dominant position at the premium end of the market. And this has resulted in durable success.
This financial stock has generated a total return of 238% in the past five years (as of Dec. 12), crushing the overall market. Where will American Express be five years from now?
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Source Fool.com
