American Express Stock: Buy, Sell, or Hold?
The S 500 is on a tear, and one stock surging alongside it is American Express (NYSE: AXP). American Express has a long track record of success in the market, thanks to its iconic branding and positioning among consumers. The longtime Warren Buffett stock has gained almost 62% since hitting a 52-week low last October, and it now trades at a premium valuation.
Here's what you should consider if you're thinking about buying American Express today.
According to data from WalletHub, American Express has a 19.6% share of the credit card market purchase volume. That makes it the third-largest payment network in the U.S., trailing only (52.6% share) and Mastercard (23.7% share).
Source Fool.com
Visa Inc. A Stock
€255.95
1.050%
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
With a target price of 279 € there is a slightly positive potential of 9.01% for Visa Inc. A compared to the current price of 255.95 €.
