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American Express: Buy, Sell, or Hold?

TheMotleyFool

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American Express (NYSE: AXP) has been on an absolute tear. Investors couldn't be happier, as shares have soared 89% just in the last 11 months. During the same period of time, the S&P 500 generated a total return of 41%.

American Express is a top Warren Buffett stock. But for your personal portfolio, is this credit card and payments giant a buy, sell, or hold right now?

There is no shortage of reasons for investors to want to buy this business, even though shares of American Express have ascended rapidly in the past year. The company's economic moat comes to mind as a compelling trait that shouldn't be forgotten.

Source Fool.com

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