“I Can’t Believe How Cheap These Mega Cap Stocks Are Right Now (Near a 52 week low)”
AXP faces market pressure for prioritizing long-term growth investments over short-term profits.
American Express is under severe pressure despite double-digit revenue growth.
The second stock is a company I own, but again, I am not here to give advice on buying stocks. So don't buy a company just because I or anyone else owns it. American Express.
In the last quarter, its revenues grew by 10%. Its profits grew by 11%. It has raised its forecasts for the year. But the stock fell. By more than 6%. So you should ask yourself: Wait, what?
Should a company that is growing at a double-digit rate be penalized because it has a positive problem?