13 Best Performing Long Term Stocks to Invest In

10. American Express Company (NYSE:AXP)

5-Year Share Price Return: 128.3%

On February 25, The Wall Street Journal reported that American Express Company (NYSE:AXP) plans to build a new global headquarters at 2 World Trade Center in Lower Manhattan. The company said the state-of-the-art building is expected to be completed in 2031.

American Express plans to be the sole owner and occupant of the property. The building will span about 2 million square feet and rise 55 stories. It will have space for up to 10,000 employees. The company has operated from its current headquarters at 200 Vesey Street since 1986. It plans to remain there until the new headquarters is ready.

American Express did not disclose the cost of the project. It said the development is expected to contribute about $5.9 billion to New York City’s economy and about $6.3 billion to the state’s economy overall. Construction is scheduled to begin in the spring of this year.

American Express Company (NYSE:AXP) operates as a global payments and premium lifestyle brand supported by technology. Its card-issuing, merchant-acquiring, and card network businesses provide products and services to consumers, small businesses, mid-sized companies, and large corporations worldwide.