AXP - American ExpreS Company
| Previous Close | 117.79 |
| Open | 117.83 |
| Bid | 115.97 x 800 |
| Ask | 116.99 x 900 |
| Day's Range | 116.37 - 118.24 |
| 52 Week Range | 89.05 - 129.34 |
| Volume | 4,379,689 |
| Avg. Volume | 3,415,960 |
| Market Cap | 96.906B |
| Beta (3Y Monthly) | 1.00 |
| PE Ratio (TTM) | 14.45 |
| EPS (TTM) | 8.09 |
| Earnings Date | Oct 18, 2019 |
| Forward Dividend & Yield | 1.56 (1.32%) |
| Ex-Dividend Date | 2019-07-03 |
| 1y Target Est | 132.67 |
- Simply Wall St.
Do Institutions Own American Express Company (NYSE:AXP) Shares?
A look at the shareholders of American Express Company (NYSE:AXP) can tell us which group is most powerful. Insiders...
- Barrons.com
American Express and 2 Other Companies Are Expected to Raise Their Dividends Next Week
Financial data firm IHS Markit is expecting three well-known companies —American Express, Accenture, and Lockheed Martin—to declare dividend increases next week.
- Zacks
American Express (AXP) Dips More Than Broader Markets: What You Should Know
American Express (AXP) closed the most recent trading day at $116.80, moving -0.84% from the previous trading session.
- Skift
American Express GBT Picks New CEO to Lead Tech Growth
American Express Global Business Travel announced Paul Abbott as the company’s new CEO, a sign that it plans to focus more aggressively on tech development. Abbott, who currently serves as chief commercial officer of global account services for American Express, will replace CEO Doug Anderson on October 1. Over the past two years, Abbott has […]
- Market Realist
Dow Jones Reverses Early Gains, Falls 0.2% Today
The Dow Jones Industrial Average fell 53.44 points (or 0.2%) today, possibly because the market gave a thumbs up to yesterday's 0.25% rate cut by the Fed.
- Financial Times
Curve’s cloudy crowdfunding
In aid of its grand plans for bank account unification, Curve raised £43m in Series B funding from names such as Gauss Ventures, Oxford Capital and Connect Ventures in mid July. The valuation — £159m — put it firmly in the top tier of the most valuable UK fintechs, alongside companies such as Monzo, Starling Bank and TransferWise.
- GuruFocus.com
Kraft Shares Tumble as Buffett Partner 3G Capital Cuts Stake
Second-largest shareholder reduces position in struggling company Buffett said he paid 'too much' for Continue reading...
- Business Wire
American Express Plans Live Audio Webcast of the Third Quarter 2019 Earnings Conference Call
American Express Company plans to host a live audio webcast of its earnings conference call at 8:30 a.m. on Friday, October 18, 2019 to discuss third quarter 2019 financial results.
- Benzinga
4 Of The Most Used Business Credit Cards
Business credit cards are a great option for those who are run their own businesses. Using a business credit card can help you save thousands every year and get you rewards like hotel stays, discounts, and cashback. With no annual fee, this credit card from American Express (NYSE: AXP) lets you earn up to 2% cashback on all eligible purchases, for up to $50,000 per year.
- Yahoo Finance
Actress Shailene Woodley: Plastics have caused a true ocean, marine crisis
Actress and environmental activist Shailene Woodley joins Yahoo Finance to chat about her efforts to rid the world of harmful plastics in oceans.
- GuruFocus.com
Strategic Value Investing: Diversification
Whose diversification models should we follow: Buffett and Ruane’s, or Brandes and Tweedy Browne’s? Continue reading...
- Business Wire
CORRECTING AND REPLACING American Express Executives to Participate in Upcoming Conferences
In the release dated August 22, 2019, due to a change in schedule by the conference organizers, Mr. Buckminster’s question-and-answer session at the Autonomous Research Future of Commerce Symposium will now begin at 8:55 a.m.
- MarketWatch
Dow's 119-point drop led by losses for shares of American Express, Procter & Gamble
DOW UPDATE Dragged down by declines for shares of American Express and Procter & Gamble, the Dow Jones Industrial Average is down Monday morning. Shares of American Express (AXP) and Procter & Gamble (PG) have contributed to the index's intraday decline, as the Dow (DJIA) was most recently trading 119 points, or 0.
- Zacks
Visa Allows Real-Time Insurance Claim Payout Via Visa Direct
Visa (V) via its platform Visa Direct enables real-time insurance claim disbursements to claimants' bank accounts.
- Business Wire
American Express and Parley for the Oceans Announce First-Ever Card Made Primarily with Reclaimed Plastic from Parley and Launch a Global Campaign to #BackOurOceans
Today, American Express is proud to announce an expanded commitment to combat marine plastic pollution through several company-wide programs, including:
- Zacks
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Apple, American Express, Kraft Heinz and Teva Pharmaceutical
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Apple, American Express, Kraft Heinz and Teva Pharmaceutical
- Zacks
Visa Closes Verifi Buyout to Deal With Chargeback Issues
With the buyout of Verifi, Visa (V) intends to reduce chargeback to lessen fraud and risks involved in payments via cards.
- American City Business Journals
American Express rolls out new ad campaign with emotional heft
The iconic credit card and ad agency McGarryBowen show they aren't afraid to get emotional in new TV spots.
- InvestorPlace
3 Fallen Angel Stocks to Buy Before They Fly Again
For the last few days the stock markets have been healthy. Sentiment has taken a turn to positive and it's like nothing bad is ever going to happen again. Just yesterday the indices rallied through incredible levels especially in small cap stocks. So there's no doubt that there are stocks to buy here.Today we discuss three high-profile stocks to buy: Visa (NYSE:V), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT). These are fallen angels stocks because they have recently corrected off of their highs just when they looked like their rallies would never end. * 10 Battered Tech Stocks to Buy Now The time frames differ among them, but the concept remains the same. They were headed to the moon, then they tripped. So now the opportunity is to pick the right level to buy these stocks. All three management teams are impeccable and they rarely falter on their own. So the bullish thesis for all three AMZN, MSFT and V assumes that markets in general are not going to crash any time soon.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Microsoft (MSFT)It's hard to call MSFT stock a fallen angel stock because it's still up 34% year-to-date and it's only 5% off of the highs. Nevertheless, it has had a tough time in the last trading week, and what makes it interesting is that it did this while the equity markets were rallying hard.Normally, this raises an alarm and causes me to look into weaknesses which would bring sustained selling. But that's not the case here. This is a proven company who is merely having a normal price action give-and-take inside a very healthy ascending trend.Fundamentally MSFT is not cheap since it sells at 29 trailing price-to-earnings ratio and 8 times sales. But this is a company that deserves the benefit of the doubt so it is possible that they deliver strong growth to justify the higher valuations.This is all to say that Microsoft stock is not cheap but it still is a good one to own for the long term. So these dips are normal and should not cause a panic out of the stock.Technically, the zone around $130 per share is pivotal for MSFT stock. This was resistance in April, then a break out in June, and then a successful test for support in early August when markets fell in fear of the 10% additional tariffs tweet. So clearly the bulls earned the right to use it that support.Knowing this, makes it possible for the buy-programs to prevail over the bears in the battle over MSFT for as long as the equity markets are healthy. If I own shares, I don't panic out of them on these dips. Moreover, if I want to own some for the future then this is as good a time as any to start a position there.Alternatively I can use options to sell puts or spreads below said support to generate income without needing rallies. For this, it is important to note that if stocks correct this year from geopolitical risk, then Microsoft stock is vulnerable to a 12% correction. Visa (V)V stock is in a similar situation to that of Microsoft. It's a proven winner that was seemingly rallying to the moon without interruption. But then in the last few days, it fell 6% while the general markets are up big.Here too, the drop is not a reflection on Visa itself but rather part of normal price action. For the longest time credit card stocks with a presence in the fintech space like Visa and MasterCard (NYSE:MA) have been darlings because the investment dollars allotted to bet on financials shied away from buying money-center banks like Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM). Instead they piled into fintech.However the recent rally in yields caused a frenzied wave of buying the traditional banks and money has to come from the same bucket. So there is a rotation out of winners like V stock into laggards. The opportunity here is that rotations are usually temporary. Meaning the dip in Visa stock should be a buying opportunity.Just like Microsoft, Visa is not cheap. It sells at 35 trailing P/E and 18 times its sales. But this alone is not cause for alarm because that's how it's always been. So unless the bears have developed sudden incredible fortitude, I bet that the selling will abate soon.Technically, Visa stock should have support around $172 per share. Moreover there is bigger support from pivotal zones at $165 per share. So if I owned shares I don't panic yet. If seeking a long entry with room to spare, I like to sell puts into support zones on bad days to generate income as long as I can gauge the risk. * 10 Healthcare Stocks to Buy Despite the Headlines Visa stock is 7% off its highs, so if I sell a put in V stock at $160 per share I would own it after a 15% correction. This is a risk I can tolerate and I bet would be a fruitful one. I should know that there is short-term risk looming. if Visa falls below $183.75, it could invite sellers to $168 per share. Amazon (AMZN)I cannot write about potential upside of fallen angels stocks without including the biggest momentum story of all time. AMZN stock is one that has been in the news for decades. It draws critics and fans in droves and is subject to many a heated debate.After the May correction, Amazon stock made a nice recovery but it gave almost all of it back. And it now sits 10% lower than the July highs. The size of the moves in Amazon stock should never surprise investors. This is the mother of all momentum stocks and when it moves, it does it fast and long. So it is best to wait for confirmation of breakouts in either direction before trading it.Short term, Amazon stock rallies if above $1,853 per share, and could even recover what they lost since July. There will be resistance points along the way so it won't be easy. Conversely, if it falls below recent support near $1,740 then they could extend the correction down to $1,600 per share.In essence, the battle is between completing an ABC technical move lower or establishing a base for a rebound rally to breakout from the necklines above. Meanwhile, the AMZN stock is ping-ponging inside a tight range and I should chase the break out of either sides. I personally favor the upside potential for as long as the markets in general are healthy.For those thinking of turning this into an investment, Amazon is a safe bet in the long run in spite of its high valuation. It sells at 75 trailing P/E but only 3.4 x sales. So as long as they are delivering growth, a high P/E is a prerequisite. You have to spend a lot in order to grow a lot.We still have the same geopolitical risks we had when we first started this correction. So we are one headline away from rekindled panics. This is all to say that traders shouldn't take giant positions all at once with great conviction because we have are still hostage to headlines. The best homework can be obliterated short-term by silly headlines. So I don't risk what I cannot afford to lose.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post 3 Fallen Angel Stocks to Buy Before They Fly Again appeared first on InvestorPlace.
- Zacks
Buffett's Best & Worst Performing Stocks Thus Far in 2019
So far this year, here are the winners and losers of Oracle of Omaha's favored companies.
- MarketWatch
Dow climbs 150 points on gains for Visa, American Express stocks
DOW UPDATE The Dow Jones Industrial Average is climbing Thursday morning with shares of Visa and American Express leading the way for the blue-chip average. Shares of Visa (V) and American Express (AXP) are contributing to the index's intraday rally, as the Dow (DJIA) was most recently trading 157 points (0.
- Zacks
Reasons to Hold Xerox (XRX) Stock in Your Portfolio Now
The recently completed reorganization under a new holding company should help Xerox (XRX) attain greater strategic, operational and financial flexibility.
- Yahoo Finance Video
'Big Little Lies' star Shailene Woodley opens up about why companies need to combat marine plastic pollution
American Express is out with its first credit card made from ocean plastic through its partnership with Parley for the Oceans, an environmental organization known for its innovative contributions to support the oceans. Actress and activist Shailene Woodley, known for her role in HBO's award-winning series, Big Little Lies, stopped by Yahoo Finance to discuss the initiative to combat marine plastic pollution and what it's like to be an actress at a time when the media landscape continues to evolve, calling it the "Wild West."
