Home Depot Inc (HD), American Express Company (AXP), General Electric Company (GE): Ken Fisher and Insiders Are Bullish on These Stocks

Ken Fisher’s other favorite pick, which saw a recent insider transaction, is American Express Company (NYSE:AXP). The investor holds 11.37 million shares, worth $888 million. American Express Company (NYSE:AXP) is a global financial services company which operates in four segments including U.S. Card Services, International Card Services, Global Commercial Services, and Global Network and Merchant Services. American Express Company (NYSE:AXP) disclosed net income of $1.5 billion for first-quarter of 2015, up 6 percent from $1.4 billion a year ago.

American Express’ stock currently trades at 13.7 times earnings, which is a significant discount to peers like Visa Inc (NYSE:V) with a P/E ratio of 29 and Mastercard Inc (NYSE:MA) with a P/E of 28. The stock has lost 15.8% since the end of 2014. In the last decade, American Express increased its revenue by 47% and net income by 57%. At the end of February, Jeffrey Campbell, the CFO of American Express Company (NYSE:AXP), has acquired some 25,000 shares of the company at $83.21 per unit. Warren Buffett is a major shareholder of the company, holding 151.61 million shares as of the end of 2014.

Ken Fisher’s position in General Electric Company (NYSE:GE) remained almost unchanged during the quarter at 30.3 million shares, which had a value of $753 million at the end of March. General Electric Company (NYSE:GE) operates in seven segments including power and water, oil and gas, energy management, aviation, healthcare, transportation, and capital. The company has recently announced the sale of most GE Capital assets in accordance with its decision of reducing the size of its financial businesses. For the first quarter of 2015, the company disclosed total industrial segment revenues of $24.4 billion and operating profit of $3.6 billion versus $24.5 billion and $3.3 billion a year earlier.

There are four directors, who disclosed the acquisition of General Electric Company (NYSE:GE)’s shares in the last three months. James Rohr and Marijn Dekkers acquired 20,000 shares each at $27.15 and $26.93 per share respectively. Mary Schapiro bought 7,000 shares at $27.22 per unit, and Francisco Dsouza purchased 36,500 shares at $27.26. Among the funds we track, Phill Gross And Robert Atchinson’s Adage Capital Management, John A. Levin’s Levin Capital Strategies and Warren Buffett’s Berkshire Hathaway are just a few of the hedge funds which have positions in the company.

Disclosure: None