AXP announces the acquisition of Center in a bid to enhance its commercial card offerings.
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.
Berkshire Hathaway, the massive conglomerate run by investing legend Warren Buffett, sold a lot of shares in 2024. Berkshire significantly trimmed its stakes in two of its largest holdings, Apple and Bank of America, and the company hasn't been too interested in buying its own stock, repurchasing far fewer shares in 2024 than in prior years.
By balancing financial discipline, premium offerings and strategic customer engagement, AXP appears well-equipped to sustain its growth trajectory.
There is a very good reason why Warren Buffett is known as the Oracle of Omaha.
American Express (AXP) closed at $295.49 in the latest trading session, marking a -1.82% move from the prior day.
Warren Buffett remains one of the world's most prominent investors, known for his long buy-and-hold strategies and massive portfolio of public and private holdings.
Many financial stocks swooned in 2022 and 2023 as inflation, rising interest rates, geopolitical conflicts, and other macro headwinds shook the markets. But in 2024, some of those stocks stabilized with the Federal Reserve's three interest rate cuts.
Berkshire Hathaway (BRK.A 2.87%) (BRK.B 2.27%) recently released its full-year operating results and capped off another excellent year for investors. The stock finished the year up 25.5%.
The GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. SFM, COR and AXP are some stocks that hold promise.
American Express (AXP) closed the most recent trading day at $295.53, moving +0.04% from the previous trading session.
Try the GARP strategy when seeking a profitable portfolio of stocks offering optimum value and growth investing. AXP, COR and TPX hold promise.