AXP is a high-quality company with attractive valuation; viewed as a contrarian buy suitable for long-term holding.
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Uh American Express, one of the best companies in the world to invest in, right? When you just think about the business model, like just a top tier business model. When you think about the client list of American Express, it is just top tier.
Credit cards are very uh let's call competitive space, but American Express competes like no other, right? And the, you know, there's multiple great American Express cards you can get, but the gold card is just like, you know, that's just an easy top tier card to have um you know, as as an individual out there.
And so American Express just a great company. um attractive valuation, top tier financial statements, top tier management team. I mean, you know, it's just one I could build into a very large position and feel comfortable holding for years and years and years to go in the future.
Another one really high quality company is American Express. I think is another one that interest rates are higher right now. No one kind of wants to own it right now. Uh at the end of the day, man, this is the top this is like these tours are companies that really cater to the top income earners, the top wealthy.
You just got to understand, man, those are the top tier companies, the top tier business models and American Express is one of those. And so that's one I look at as a contrarian buy.
The stock's down about 12% this year and um it should actually be up about 12% on the year in my personal opinion. So American Express is one I would love to build out u to be a much bigger position, right?
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Financial Education has 4 calls on this stock; only the adjacent ones are shown.