We came across a bullish thesis on American Express Company on Rigatoni Capital’s Substack. In this article, we will summarize the bulls’ thesis on AXP. American Express Company's share was trading at $360.31 as of December 1st. AXP’s trailing and forward P/E were 24.20 and 20.53 respectively according to Yahoo Finance.
American Express (AXP) remains one of the most enduring wealth compounders, rooted in a business model that caters to the affluent consumer segment driving nearly half of U.S. spending. The company’s strategy has increasingly focused on high-income...
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