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
€251.20
0.120%
With 42 Buy predictions and not a single Sell prediction Visa Inc. A is an absolute favorite of our community.
As a result the target price of 279 € shows a slightly positive potential of 11.07% compared to the current price of 251.2 € for Visa Inc. A.
