Billionaire Ken Fisher’s Top Stock Picks Heading Into 2019

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12. American Express Company (NYSE:AXP)

– Shares Owned by Fisher Asset Management (as of September 30): 10.36 million
– Value of Fisher Asset Management’s Holding (as of September 30):
$1.10 billion

Fisher Investments added another 246,871 American Express Company (NYSE:AXP) shares to its portfolio in Q3, a small increase to the position it has owned since the second quarter of 2012. Ken Fisher is clearly bullish on the future of credit card and payment processing companies, as American Express rival Visa is also among his top 20 holdings. American Express has been granted preliminary approval to set up a payments network in China, which it will tackle together with Chinese partner LianLian Group.

Follow American Express Co (NYSE:AXP)

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