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Is American Express Company (AXP) A Good Stock To Buy Now?

Is AXP a good stock to buy? We came across a bullish thesis on American Express Company on r/ValueInvesting by Prime_Investor. In this article, we will summarize the bulls’ thesis on AXP. American Express Company's share was trading at $340.36 as of June 26th. AXP’s trailing and forward P/E were 21.25 and 19.46 respectively according to Yahoo Finance.

[caption id="attachment_526016" align="aligncenter" width="750"] Pachai Leknettip/Shutterstock.com[/caption]

American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States...