American Express Sees Profits Soar and its Stock Follow Suit: 3 Reasons to Buy AXP Today

By |2024-04-19T16:26:22+00:00April 19th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

Shares of American Express Co. (AXP) are up nearly 5% in Friday’s trading session after the company delivered first-quarter earnings that came in well above the analyst consensus. New card acquisitions were way up for the quarter - more specifically, high-spending, high-credit quality customers that are as valuable as it gets for the company. [...]