American Express: Buy, Sell, or Hold?
American Express (NYSE: AXP) is a business icon known the world over. It is also performing well right now as a business. How you view the stock and, more broadly, investing will have a big impact on whether you want to buy, sell, or hold this huge payments processor.Let's look at these different perspectives and see which one perhaps makes most sense.From a big-picture perspective, American Express has a very attractive business. At its core it is a payments processor, allowing customers to pay for products and services with cards that have the American Express logo on them.Continue reading
American Express (NYSE: AXP) is a business icon known the world over. It is also performing well right now as a business. How you view the stock and, more broadly, investing will have a big impact on whether you want to buy, sell, or hold this huge payments processor.
Let's look at these different perspectives and see which one perhaps makes most sense.
From a big-picture perspective, American Express has a very attractive business. At its core it is a payments processor, allowing customers to pay for products and services with cards that have the American Express logo on them.
