10 Mega-Cap Stocks That Could Continue Surging Post 52-Week Highs

5. American Express Company (NYSE:AXP)

American Express Company is a worldwide financial services provider that operates through commercial services, consumer services, and other segments. The company is in the spotlight as its shares hit a 52-week high indicating strong investor optimism.

AXP’s Q4 earnings report will be released on 24th Jan. Revenue growth is projected to be 9% while EPS is expected to grow by 16%. The market seems worried about the company due to higher credit card charge-offs and an unstable economy in light of the presidential elections. However, the company serves customers who keep spending even during economic depressions, helping it strengthen its moat.

The company’s expenses are well managed too. It has a great return on equity at over 34%. Moreover, the company’s shares have soared over 70% in the last year, which could continue well into 2025.