Berkshire may be shedding some Bank of America shares, but there's an important footnote to that decision. Chevron isn't in nearly as much jeopardy as some observers think from the trend toward alternative energy.
Growth stocks have enjoyed a 2-year comeback after posting disappointing results in 2022. The S&P 500 and Nasdaq Composite continue to charge toward all-time highs as big tech and artificial intelligence (AI) propel the indices.
Stock prices follow earnings. This nugget of investing wisdom essentially says the most important thing long-term investors should focus on is the profits a company makes.
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American Express (AXP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
There's a lot of money in money. The fintech industry is projected to maintain a compounded annual growth rate of 16.5% from now until 2032.
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American Express (AXP) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AXP broke through the 20-day moving average, which suggests a short-term bullish trend.
Shares in this top credit card firm are outperforming the S&P 500 this year. Its premium brand attracts an affluent customer base that spends more.
Buffett has an affinity for credit card networks and issuers, and American Express combines both into one company. American Express is ramping up its marketing investments to tap into an attractive opportunity to add new cardholders.
Coca-Cola is finding ways to generate higher sales and become more efficient despite inflation. American Express' premium credit cards attract a resilient clientele, and its model breeds profitability.
The financial technology or fintech sector looks promising this year. Fintech companies use technology to offer money management solutions.