American Express experiencing record credit card debt driving profits and stock growth

From Nasdaq: 2025-01-11 18:32:00

American Express is seeing record credit card debt at $1.2 trillion, driving profits and stock growth. With a strong brand and innovative offerings, the company targets long-term growth and earnings. While the stock has surged 60% in the past year, its valuation may not fully reflect future growth potential. Analysts project 14% annual earnings growth over the next few years. Despite some risk factors like credit events, American Express remains a solid buy for long-term investors, offering potential annualized returns of around 15%. Don’t miss this opportunity to invest in a proven company with growth potential.



Read more at Nasdaq: American Express: Buy, Sell, or Hold?