American Express (AXP) – Among the 10 Best Value Stocks to Buy in 2026 According to Warren Buffett

American Express Company (NYSE:AXP) is included among the 10 Best Value Stocks to Buy in 2026 According to Warren Buffett.

American Express (AXP) - Among the 10 Best Value Stocks to Buy in 2026 According to Warren Buffett

On May 4, BofA said American Express Company is selling its remaining stake in American Express Global Business Travel (GBTG) for about $1.5 billion. The firm said the move supports American Express’ strategy of exiting non-core assets and sharpening its focus on its core card and network business. In a research note, BofA added that the transaction is expected to support earnings per share growth while also giving the company more flexibility for share buybacks and reinvestment into higher-return opportunities. The firm maintained a Buy rating and a $387 price target on American Express and described the deal as a positive development.

Also on May 4, The Wall Street Journal reported that American Express Global Business Travel is being taken private by Long Lake Management in an all-cash deal valued at $9.50 per share. The transaction values the company at around $6.3 billion.  Amex GBT said the merger is expected to close in the second half of 2026. The company added that the deal was unanimously recommended by a special committee of independent directors and approved by its board.

Separately, American Express confirmed that it will sell its roughly 30% equity stake in Global Business Travel Group as part of the transaction. Once the deal closes, American Express expects to receive proceeds of about $1.5 billion and record a pre-tax gain of nearly $975 million. The company also said that the gain was not included in its previously issued 2026 earnings guidance.

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 worldwide.

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