15 Best Cheap Dividend Stocks to Buy

13. American Express Company (NYSE:AXP)

Forward P/E as of April 9: 17.12

On April 9, Wells Fargo lowered its price recommendation on American Express Company (NYSE:AXP) to $415 from $425. It reiterated an Overweight rating on the shares. The firm said that as war risk starts to ease, investor focus is shifting. The next concern is AI-related job fears, and sentiment there appears mostly bearish. Wells Fargo noted that credit trends and card spending remain steady. It also said stimulus is likely to outweigh pressure from gas prices. The firm expects banks to maintain a constructive view on the consumer in the coming week.

On March 10, Reuters reported that American Express signed a multi-year agreement with the National Football League. The company will become the league’s official payments partner starting with the 2026 season. The deal gives cardholders access to ticket presales, on-site experiences, and other benefits at selected NFL events in the US and abroad. It also includes perks tied to major events such as the Super Bowl, the NFL Draft, and international games. These offerings include presale ticket access, promotions, and branded experiences.

As part of the rollout, cardholders will get early access to tickets for the 2026 NFL game in Melbourne between the Los Angeles Rams and the San Francisco 49ers, scheduled for September 10. The partnership comes as American Express continues to expand its sports marketing presence. The company said this area remains central to its broader brand strategy. It added that its sports portfolio now includes more than 50 leagues, teams, venues, and major events worldwide.

American Express Company (NYSE:AXP) is a global payments and premium lifestyle brand powered 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 around the world.