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0 -0.000842176183257609 0.00117904665656044 -0.000673740946606135 -0.00117904665656056 -0.00623210375610585 0.00134748189321203 0.0097692437257874
Stock impact report

American Express: Buy, Sell, or Hold? [Yahoo! Finance]

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Company Research Source: Yahoo! Finance
In the past 14 months, they have catapulted 100% higher (as of Dec. 16), consistently hitting fresh all-time highs throughout 2024. After such a monumental gain in a short period of time, investors are probably wondering what the best course of action is as it relates to American Express and their portfolios. Should you buy, sell, or hold this financial stock Durable competitive strengths American Express is a quality enterprise because it possesses an economic moat . This means that it has durable competitive advantages that have solidified its industry position, protecting it from rivals. I believe Amex possesses two primary strengths in this regard. The company's brand is one critical part of its moat. By presenting itself as a premium credit card brand, American Express is able to attract an affluent customer base. These people have the ability to spend more than the average person. Targeting this demographic means that American Express can charge high annual fees for so Show less Read more
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