We came across a bullish thesis on American Express Company (AXP) on Substack by Daan Rijnberk. In this article, we will summarize the bulls’ thesis on AXP. American Express Company (AXP)’s share was trading at $255.38 as of April 14th. AXP’s trailing and forward P/E were 18.23 and 16.75 respectively according to Yahoo Finance.
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American Express (AmEx) differentiates itself in the global payments industry with its vertically integrated business model, which is...
