American Express Company (AXP): A Bull Case Theory

We came across a bullish thesis on American Express Company on Rijnberk InvestInsights’s Substack by Daan | InvestInsights. In this article, we will summarize the bulls’ thesis on AXP. American Express Company's share was trading at $320.92 as of July 14^th. AXP’s trailing and forward P/E were 22.31 and 21.10 respectively according to Yahoo Finance.

[caption id="attachment_1195725" align="aligncenter" width="768"] A close-up of a modern payments terminal with a pile of credit cards on the side.[/caption]

American Express (AXP) stands out as a premium financial services brand...