Is American Express (AXP) a Value Investment?
Interestingly, we can call American Express (AXP) a value investment because its cards are used by those in their prime spending years.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Interestingly, we can call American Express (AXP) a value investment because its cards are used by those in their prime spending years.
Read MoreThe brain drain is a serious problem for Amex because it deprives the company of needed industry knowledge and experience. Yet it is also an opportunity because American Express has a chance to promote younger and more creative executives more open to new opportunities.
Read MoreAmerican Express also some very bright prospects for the future. One is the growing use of payment apps such as Apple Pay and Android Pay; which Amex supports. That might grow the value of credit card payments and profits from them.
Read MoreAlthough its business is shrinking, the third quarter earnings report indicates that American Express is still a cash rich company
Read MoreDespite the June 20 deadline, American Express is still a value investment. It is a well-run company with a lot of cash, a lot of float and a great deal of marketing creativity. People who buy Amex as a value investment; a dividend stock, or a growth stock will not be disappointed because American Express will survive and grow without Costco.
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