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-0.00102061645233711 -0.00110809786253753 -0.00111626279415617 -0.00209955384480789 -0.00405330533928203 -0.000160382585367296 -7.29011751668774E-05 -0.00556935817805381
Stock impact report

American Express: Too Expensive Even With A Resilient Customer Base [Seeking Alpha]

American Express Company (AXP) 
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
Company Research Source: Seeking Alpha
Despite robust earnings and accelerating card growth, AXP trades at a historically high valuation, making the risk/reward profile unattractive at current levels. Management raised EPS guidance to $15.20-$15.50 for the year, but shares require consistent outperformance just to match market returns. I maintain a "Sell" rating on AXP, and would wait for a pullback below $310 before reconsidering; I favor Synchrony for better value. Rixipix/iStock Editorial via Getty Images Shares of American Express ( AXP ) have been a solid performer over the past year, adding over 20%. More recently, shares have come under some pressure as concerns have mounted about discretionary spending, with the stock down about 9% from its highs. Given its higher-quality customer This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this Show less Read more
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