Notable news concerning the American Express Company (AXP) includes its expected posting of impressive earnings, strength after closing the fiscal year 2023 with a record revenue of $65.9B, numerous purchases and sales of its stock by various institutions, and its stock's performance compared to the general market and its competitors. This also includes its Q4 2024 earnings call highlights, featuring record revenue and strategic growth, as well as comments from billionaire Mario Gabelli placing AXP among his top stock picks. Jim Cramer encourages buying American Express stock multiple times, saying "I Come On Here And Tell You To Buy It" regarding AXP. However, the company's Q4 earnings for the fiscal year 2024 reveal only slight growth, with a 17% proposed dividend hike post its 2023 earnings. AXP stock continues to provide optimism to investors, but its growth is lacking. In the past year, AmEx stock has increased 69%, with stable credit card metrics highlighting a potential further increase.
American Express Company AXP News Analytics from Sat, 20 Jul 2024 07:00:00 GMT to Sat, 25 Jan 2025 13:20:22 GMT - Rating 7 - Innovation 5 - Information 4 - Rumor 2
