AXP - American Express Company

NYSE - NYSE Delayed Price. Currency in USD
-0.98 (-0.77%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close128.06
Bid127.29 x 900
Ask127.97 x 1000
Day's Range127.07 - 128.64
52 Week Range89.05 - 129.34
Avg. Volume3,074,048
Market Cap106.122B
Beta (3Y Monthly)1.00
PE Ratio (TTM)16.18
EPS (TTM)7.85
Earnings DateJul 19, 2019
Forward Dividend & Yield1.56 (1.22%)
Ex-Dividend Date2019-07-03
1y Target Est130.08
Trade prices are not sourced from all markets
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  • Is It Time To Consider Buying American Express Company (NYSE:AXP)?
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  • 5 Great Blue-Chip Stocks to Buy
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    5 Great Blue-Chip Stocks to Buy

    Editor's note: "5 Great Blue-Chip Stocks to Buy " was previously published in May 2019. It has since been updated to include the most relevant information available.If you're like me, the current bout of trade-induced volatility isn't sitting too right. And while swings and bear markets are a part of investing, the kind of big plunges we've recently seen does make for some sleepless nights. Which is why the best stocks to buy could be America's blue-chip stocks.Blue-chip stocks don't necessarily have a formal definition, but they are generally stable and well-established companies. Blue-chip stocks are typically household names with billions in revenues and steady rising profit profiles. Often, they share the wealth with their investors via rich dividend and buyback programs. The best part is that investors can count on blue-chip stocks to help them get through periods of malaise and bear markets as they tend to be less volatile than let's say, smaller growth stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo that end, with the markets starting to feel a bit shaky, blue chip stocks could be the best way to position your portfolio in the upcoming months. * 7 A-Rated Stocks to Buy for the Rest of 2019 But which blue-chip stocks make sense to buy? Here are five that could help you get through the next few months and an upcoming bear market. Cisco Systems (CSCO)Source: Shutterstock The technology sector is often seen as a growth element for a portfolio. However, the sector does feature plenty of blue-chip stocks that produce mountains of cash flows, steady dividends, and rising profits. Case in point, former dot-com darling Cisco Systems (NASDAQ:CSCO).After building the internet and networking with its focus on switching gear and routers, CSCO made the smart pivot into services and reoccurring revenues. It basically created the model that many tech firms have copied. And in doing that, Cisco has become a cash generation machine. Last quarter alone, the firm managed to produce more than $3.5 billion in free cash flows.The best part is that CSCO continues to share that cash with investors. The firm recently raised its dividend by 6% and added another $15 billion to its authorized buyback program.And yet, more could be in store for Cisco. The firm continues to add new capabilities to its services platform and recently unveiled new conversational A.I. to its interfaces. Adding in continued data center demand as well as the pending 5G upgrades and Cisco continues to look great.For investors looking for a strong tech sector blue-chip stock, Cisco has to be your top pick. Merck (MRK)Source: Shutterstock The steadfastness of the healthcare sector makes it a prime place to find plenty of blue-chip stocks. And one of the best could be pharmaceutical giant Merck (NYSE:MRK).For starters, MRK features a wide portfolio of current and former blockbuster drugs, vaccines and other therapies. This huge portfolio continues to drive profits and cash flows at the giant. But MRK isn't resting on its laurels. A few years ago, Merck made the shift into newer biotech and advanced cancer-fighting medications. That has turned out to be the right move.MRK's Keytruda has quickly become the go-to medicine for a variety of lung cancers and sales going through the roof. Last quarter alone, the company reported more than $2.2 billion in Keytruda sales. That double-digit growth has allowed Merck to up its total forecast and guidance for the entire year. The growth of Keytruda could continue. Merck has begun several trials looking to use the drug in other indications. This could provide even more cash flowing Merck's way. Considering the growth of its cancer portfolio and the rest of its steady drug options, Merck is looking like a great buy for the long haul. * 7 A-Rated Stocks to Buy for the Rest of 2019 In the end, MRK's 2.5% yield and continued growth make it a powerful blue-chip stock for any investor. American Express Company (AXP)Source: Shutterstock One of Warren Buffett's favorite blue-chip stocks happens to be American Express (NYSE:AXP). And the Oracle of Omaha isn't wrong to own it. The financial powerhouse has continued to thrive in the rising economy and has a lot to offer investors.AXP is kind of a weird bird. Like its rivals, Visa (NYSE:V) and Mastercard (NYSE:MA) -- also two blue-chip stocks worth owning -- American Express operates a secured payment network and acts as a toll road when customers swipe their cards. Here, Amex scores a hefty fee. The firm's discount revenue rate was last quarter was 2.37%. Basically, for every $100 spent on its cards, $2.37 flowed back to AXP. All in all, last quarter, American Express pulled in more than $6.2 billion in revenue from these operations.Secondly, unlike V and MA, American Express is an issuer of its cards. Because of this, it's able to score hefty membership fees, interest and creates a leverage effect for its profits. Moreover, Amex's entire M.O. is about rewards and its partners pay the credit issuer plenty of fees to get their products/offers onto AXP's platform.The best part is that AXP tends to focus on the higher end of the credit spectrum. This removes many of the uncertainty and issues with offering loans and reduces default rates.All of this has made American Express a powerhouse in the financial sector. Genuine Parts Company (GPC)Source: Shutterstock Sixty-three years. That's an amazing streak for any firm to consistently raise its dividend. But for blue-chip stock Genuine Parts Company (NYSE:GPC), it's just par for the course. The secret lies with the firm's massive and irreplaceable moat.There's a good chance that you've never walked into one of GPC's locations, but your mechanic has. Under the NAPA banner, the firm operates one of the largest networks of auto parts and industrial distribution locations in the nation. Those 9,250 locations are located pretty much everywhere, and that's key. Auto parts are generally a "need it now" sort of item and are pretty much immune from the whims of online sales.Because of this huge network, GPC and NAPA are pretty much the only game in town when it comes to getting parts to body shops, mechanics and service centers. This has been beyond good for GPC's bottom line over the years. In its 90-year history, sales have increased in 85 of those years. This streak was continued last year as GPC recorded more than $18.7 billion in revenues. Analysts predict that revenues will jump by about 4% this year. Naturally, those sales have turned into profits and a long streak of dividend increase for investors. * 7 A-Rated Stocks to Buy for the Rest of 2019 This consistency has made GPC one of the best blue-chip stocks to own for the long haul. Coca-Cola (KO)Source: Chris Nielsen via FlickrWhen it comes to blue chip stocks, Coca-Cola (NYSE:KO) could be the bluest. Its brand is worldwide and is enjoyed millions of times daily. This has allowed KO to pay a constantly rising dividend for the last 55 years and provide plenty of ballast to a portfolio in markets just like today.And there is still growth to be had.Coke has moved into new beverage categories as tastes have changed. Sparkling water, juices, teas, and other healthy drinks are now on a menu at the firm. And these items continue to grow -- with revenues for these products now accounting for about half of KO's total pie. Meanwhile, KO has improved margins via new packaging designs and sizes. Adding in some tech -- such as its Arctic Coolers and Freestyle machines -- and Coke seems to be winning the beverage wars.The proof is in the pudding. Continued product mix development has resulted in a big 5% jump in revenues last quarter. Likewise, earnings saw a big surge and KO has managed to produce roughly $6.28 billion in free cash flow over the last 12 months.Yes, KO is boring. But that's what exactly what investors should be looking for in a blue-chip stock. Consistency, with a touch of growth. If that doesn't describe Coca-Cola, then I don't know what does.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best Stocks for 2019: A Volatile First Half * 7 Simple Ways for Young Investors to Invest Their First $1,000 * 6 Stocks to Buy Based on Insider Buying The post 5 Great Blue-Chip Stocks to Buy appeared first on InvestorPlace.

  • 3 Pros and 3 Cons of Visa Stock
    InvestorPlace9 days ago

    3 Pros and 3 Cons of Visa Stock

    It's been a decade since Visa (NYSE:V) stock went public. When the IPO of Visa stock took place, things were certainly looking bleak, as the financial crisis was deepening. Consider that the offering came a week after JPMorgan (NYSE:JPM) acquired Bear Stearns for a measly $2 per share (the deal also required a mega loan from the Federal Reserve).Source: Kārlis Dambrāns via FlickrDespite all that, investors still bought $17.9 billion of V stock. On its first day of trading, V stock price rose by an impressive 28%.Anyone who bought Visa stock during its IPO and held onto it would have benefited from hefty gains. For the past ten years, the average annual return of V stock was 28.28%.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 A-Rated Stocks to Buy for the Rest of 2019 While all this is great, what can we expect in the years ahead? Is V stock still a good buy? To find out, let's take a look at three pros and cons of Visa stock: Visa Stock Pro: Dominant PlatformVisa operates the world's largest payment network, with 3.3 million cards in use across the globe. The company processes an enormous 188.1 billion transactions per year.The result is that Visa has been able to benefit from powerful network effects. That means that the more consumers become part of the system, the more attractive it is for merchants to participate in it. As a result, it is extremely difficult for other companies to effectively compete with Visa. Besides Visa, only Mastercard (NYSE:MA), American Express (NYSE:AXP) and Discover Financial Services (NYSE:DFS) have credit-card networks in the U.S. Visa Stock Pro: InnovationVisa continues to invest heavily in R&D. For example, the company has built Visa Direct, which enables payments to be sent to credit cards.Then there is the company's tokens. which are used for digital payments. This technology has been shown to greatly reduce fraud, but is also quite convenient.M&A and venture-capital investments have been critical for bolstering Visa's innovation. Note that Visa has taken equity positions in companies like Square (NYSE:SQ), Klarna, Payworks, Stripe and SolarisBank. Visa Stock Pro: Strong FinancialsAs shown by the company's, second-quarter results, released in April, Visa's growth remains fairly steady. Its revenues increased 8% to $5.5 billion, as there was strength across all its main businessesVisa's margins remain juicy, at over 54%. In Q2, its net income came in at $3 billion, up 14% year-over-year.And its balance sheet is solid. It has about $15 billion of cash. Visa Stock Con: Regulatory RiskA key part of Visa's business model is interchange fees. But for many merchants, those fees have become a costly burden. So they have lobbied in multiple countries, including the U.S., to convince regulators to reduce the fees. If they succeed, Visa's bottom line would definitely be adversely impacted. According to the company's 10-K:"When we cannot set default interchange reimbursement rates at optimal levels, issuers and acquirers may find our payments system less attractive. This may increase the attractiveness of other payments systems, such as our competitors' closed-loop payments systems with direct connections to both merchants and consumers. We believe some issuers may react to such regulations by charging new or higher fees, or reducing certain benefits to consumers, which make our products less appealing to consumers. Some acquirers may elect to charge higher merchant discount rates regardless of the Visa interchange reimbursement rate, causing merchants not to accept our products or to steer customers to alternate payments systems or forms of payment." Visa Stock Con: CompetitionVisa faces intense competition from alternate payment providers, such as PayPal (NASDAQ:PYPL), Alibaba's (NYSE:BABA) Alipay and China's WeChat. All of those competitors have the benefit of massive digital platforms.Then there is Facebook (NASDAQ:FB), which is creating a cryptocurrency that uses blockchain technology. Called Libra, FB's cryptocurrency is expected to hit the market next year, with a focus on consumers who don't use banks. If it catches on,Visa stock price could be negatively impacted, since FB has the benefit of its 2+ billion user base. Visa Stock Con: ValuationGiven Visa's competitive advantages, Visa stock does deserve to trade at a premium. But then again, the valuation of V stock has become steep. Note that the forward price-earnings ratio of V stock is about 28 and that Visa stock does not pay a dividend. To put that into perspective, Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) has a PE ratio of 21 and FB is at roughly the same level. Those companies are also growing much more quickly than Visa.As for Wall Street analysts, they remain bullish on V stock, but their enthusiasm is tempered. Based on analysts' average target price on V, Visa stock price is expected to climb about 13%. The Verdict on VisaVisa certainly has some major risk factors. Perhaps the most important one is its competition. As we've seen in various industries, startups can unleash disruption quickly.But so far, Visa has done a good job of innovating. Moreover, the overall credit-card market is likely to grow in a non-cyclical manner. Keep in mind that, worldwide, consumers still use cash and checks to pay for about $17 trillion of goods and services. Consequently, there's still a great deal of room for credit-card usage to increase. There are also big opportunities for Visa in business-to-business transactions and peer-to-peer payments.Given all of Visa's positive attributes - including its strong financials, robust platform and powerful technologies - the pros of V stock outweigh its cons.Tom Taulli is the author of the upcoming book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best Stocks for 2019: A Volatile First Half * 7 Simple Ways for Young Investors to Invest Their First $1,000 * 6 Stocks to Buy Based on Insider Buying The post 3 Pros and 3 Cons of Visa Stock appeared first on InvestorPlace.

  • Markit9 days ago

    See what the IHS Markit Score report has to say about American Express Co.

    American Express Co NYSE:AXPView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for AXP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AXP. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.77 billion over the last one-month into ETFs that hold AXP are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. AXP credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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