American Express Company (AXP) increasingly gains recognition as one of the best growth-at-a-reasonable-price (GARP) and robust dividend-paying stocks in the market. A surge in investments and stake acquisitions from firms including Banque Pictet & Cie SA, Gladstone Institutional, and Weatherly Asset Management L. P. signals investor confidence. However, minor stake reductions and insiders selling shares is also noticed. AXP is recognized as a reliable bank dividend and profitable large-cap stock, hitting a record $65.9B revenue with plans for a 17% dividend increase pursuant to strong 2023 assessments. CEO Steve Squeri obtains a topping vote of confidence for performance. Despite some stake reductions, many are increasing their AXP holdings. AXP is observed to outperform its underlying earnings growth over the last five years, credited to its premium brand power. It prepares to report earnings with a 2024 full-year EPS guidance increase. Highlights from previous earnings calls emphasize record revenues and strategic growth. Profits are proliferating, underpinned by expense discipline and holiday shopping. Even though it's outpacing other finance stocks, AXP is predicted to announce two significant earnings release dates shortly.
American Express Company AXP News Analytics from Sun, 11 Aug 2024 07:00:00 GMT to Sat, 15 Feb 2025 13:13:24 GMT -
Rating 8
- Innovation 4
- Information 9
- Rumor -6
