Is American Express Overpriced?
Thus, Mr. Market could underprice Amex. I think American Express’s stock price is low because the company is experiencing impressive revenue growth.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Thus, Mr. Market could underprice Amex. I think American Express’s stock price is low because the company is experiencing impressive revenue growth.
Read MoreIf American Express can integrate its cards with popular cryptocurrencies; such as bitcoin and ethereum, it would expand its reach particularly in the developing world. An intriguing option would be a card that pays reward points in bitcoin or ethereum. A long term revenue generator would be a card that allows for transactions in several different crypocurrencies; such as Litecoin, Bitcoin and ethereum. A company called TenX is already developing such a card in Singapore.
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