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American Express Company (AXP): A Bull Case Theory

We came across a bullish thesis on American Express Company (AXP) on Substack by Chit Chat Stocks. In this article, we will summarize the bulls’ thesis on AXP. American Express Company (AXP)'s share was trading at $316.77 as of Feb 7th. AXP’s trailing and forward P/E were 22.61 and 20.70 respectively according to Yahoo Finance.

[caption id="attachment_526016" align="aligncenter" width="750"] Pachai Leknettip/Shutterstock.com[/caption]

American Express continues to demonstrate its resilience and impressive growth, with Q4 2024 showing an 8% YoY increase in total billed business....